$HYPE — Rejection at Key Supply ⚠️📉

🔴 SHORT $HYPE

Entry: 30.33 – 30.60

SL: 32.20

Targets:

🎯 TP1: 28.90

🎯 TP2: 26.80

🎯 TP3: 24.20

$HYPE has pushed into a major resistance / rejection zone and upside momentum is clearly fading. The move higher is losing strength, and buyers are failing to get follow-through — a classic sign of distribution at supply.

As long as price remains below this zone, downside continuation is favored.

This short setup is invalidated if price reclaims the level and starts holding above it with strength.

⚠️ Risk management is key — always trade with a stop loss.

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HYPE
HYPEUSDT
30.81
-2.29%