Smart money doesn’t chase hype — it waits for confirmation. Do you agree?
_Wendyy
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Bearish
$HYPE is rolling over after a parabolic spike, signaling a classic distribution-to-continuation breakdown
45m chart shows sharp rejection from 38.4 high, bearish EMA crossover, price trapped below EMA25/99 with weak bounces, confirming momentum exhaustion and range compression before continuation.
SHORT 33.20 - 33.80
TP1 32.00, TP2 31.20, TP3 30.40
🛑 Stop Loss 34.90
Downside favored while price holds below 33.8–34.0 and fails to reclaim key EMA resistance with volume.
#HYPE #Perp #Bearish
Trade HYPE👇 {future}(HYPEUSDT)
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