$HYPE Short. Take profit at 35.809, stop loss at 50.7. Technical analysis: Standard Elliott impulse wave 5-wave structure; it is currently running an ongoing corrective wave A. The overall large-cycle structure is clearly a bearish outlook. At a clearly significant Fibonacci resonance level and key volume-and-price position around 35.89, there is obvious support. If you short, this level is a clear take-profit point; if price breaks above 50.7, it indicates continued upward movement—breaking the key resistance, reversing the overall trend, and completing the standard bullish trend. #Gate广场四月发帖挑战