🔥 #hypeusdt Short Setup (4H Time Frame)

Current Price: $37.18

24H Move: +23% 🚀

HYPE made an aggressive vertical move from the $27 demand zone to $38.48, creating a classic overextension rally. After such sharp pumps, markets typically cool down with a pullback before deciding the next direction.

Right now, price is showing rejection near resistance, signaling that buyers may be losing momentum in the short term.

👉 This favors a temporary short opportunity, not necessarily a full trend reversal.

📊 Market Structure Insight

Parabolic move = High probability of correction

Early rejection wicks near resistance

Smart money often takes profit after 20–30% rallies

⚠️ Chasing at the top is risky.

🎯 Short Trading Plan

✅ Entry Zone:

👉 $37.50 – $38.50 (Resistance / Supply Area)

🛑 Stop Loss:

👉 Above $40

(If price breaks this level, momentum likely continues upward.)

🎯 Profit Targets:

✅ $34 → First support

✅ $32 → Strong short-term demand

✅ $30 → Major support & liquidity zone

(Book profits in parts to reduce risk.)

📉 Bearish Confirmation Signals

✔ Weak candles near resistance

✔ Fake breakout above $38

✔ Volume drop during upside

If these appear → Short probability increases.

⚠️ Invalidation

🚨 Clean breakout + hold above $40 can trigger another impulse move.

Possible upside then: $42 – $45

💡 Pro Risk Tips

✔ Do NOT short blindly — wait for rejection confirmation.

✔ Use low leverage (very important after volatile pumps).

✔ Avoid emotional entries.

✔ Protect capital first.

#hype

$HYPE

HYPE
HYPEUSDT
32.88
-7.83%