$HYPE – Lower high forming into resistance. This looks like distribution, not strength.

Short $HYPE

Entry: 29.4 – 30.2

SL: 32.6

TP1: 27.8

TP2: 25.5

TP3: 22.0

The push higher stalled quickly and sell pressure showed up on the first test, suggesting this move is corrective rather than a trend shift. Momentum is rolling over again and buyers aren’t getting acceptance above this zone, keeping downside continuation in play.

Trade $HYPE here 👇

HYPEUSDT

Perp

29.28

-1.20%

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