Hype's trend seems to be about to undergo a major shakeout, with the trend very weak, starting to decline on the 4-hour timeframe. Our approach is to follow the 4-hour downtrend and go short during the rebound on the 15-minute timeframe.



$HYPE levels 57.42-56.86 (short), target 54.92-52.85-49.34-ultimate target 45.65

Those who are not worried about small-scale rebounds can enter short at the current price directly, as it is already teetering on the edge!!
HYPE-10.52%
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ShatteredGlaze
· 2h ago
It's already empty. Set the stop loss at 58.2; the risk-reward ratio at this level is still acceptable.
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AvocadoYieldRate
· 2h ago
It feels like HYPE always likes to range trade and bait the bulls before every big drop—this script is familiar this time.
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GateUser-8df0eb2b
· 2h ago
The 4-hour decline structure is indeed clear, but the 15-minute rebound to short requires close attention to volume; only a break of the previous low can confirm.
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ZeroSlippage
· 2h ago
57.4 this short position is a bit aggressive; waiting for a rebound before entering might be more stable.
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