$HYPE Price rejected from the 23.70 supply zone and sellers pushed price below key intraday support.
Demand is forming around 22.30–22.00 but buying pressure remains weak.
Momentum flipped bearish with MA breakdown and consecutive lower highs.
Structure is bearish with downside continuation favored while below 23.10 resistance.
Trade Setup: Short
Entry Zone: 22.40 – 22.90
Target 1: 22.00
Target 2: 21.80
Target 3: 21.50
Target 4: 21.20
Stop Loss: 23.20
Use conservative leverage and secure partial profits at each target.
Do your own research before taking any trade.
HYPEUSDT
Perp
22.42
-3.69%