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CZTrades
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$HYPE — Dead-cat bounce into resistance
Short $HYPE
Entry: 21.9 – 22.3
SL: 23.8
TP1: 21.0
TP2: 19.8
TP3: 18.5
The bounce off lows is weak and corrective, not impulsive. Price failed to reclaim prior breakdown levels and volume isn’t confirming buyers. Each push higher is getting sold, keeping the broader downtrend intact and favoring continuation lower.
Trade $HYPE here 👇
{future}(HYPEUSDT)
Short $HYPE
Entry: 21.9 – 22.3
SL: 23.8
TP1: 21.0
TP2: 19.8
TP3: 18.5
The bounce off lows is weak and corrective, not impulsive. Price failed to reclaim prior breakdown levels and volume isn’t confirming buyers. Each push higher is getting sold, keeping the broader downtrend intact and favoring continuation lower.
Trade $HYPE here 👇
{future}(HYPEUSDT)
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