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$HYPE (1h) - Pullback Short
Bias: Short
Entry (Zone): 67.20 - 67.55
Targets:
TP1: 66.35
TP2: 65.40
TP3: 64.55
Stop Loss: 68.35
Why this Setup:
I’m fading the move into resistance after a strong bounce, since momentum looks stretched and price is already showing signs of rejection near the recent highs. I want a pullback toward the mid-66s first, then a deeper move back into the 65s if sellers stay in control.