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$HYPE (1h) - Short Fade
Bias: Short
Entry (Zone): 56.20 - 56.65
Targets:
TP1: 55.50
TP2: 54.85
TP3: 53.95
Stop Loss: 57.10
Why this Setup:
I’m fading the recent breakdown after a lower high rejected the 59-60 area, and the move is now pressing back into nearby support. I want a clean short on any weak bounce into the entry zone, with room for continuation toward the next demand levels if sellers stay in control.