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$HYPE | 1H | Breakdown Short
Bias: Short
Entry Zone: 56.20 to 56.65
Stop Loss: 57.05
Targets:
TP1: 55.50
TP2: 54.80
TP3: 53.75
Invalidation:
Close above 57.05
Why This Setup:
I see a clean intraday breakdown after a lower-high sequence, with price losing the 57 area and pressing into the prior support shelf.
I’m fading the bounce unless buyers reclaim 57.05, since the next liquidity pocket sits lower toward 55.50 and 54.80.
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