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$HYPE (1h) - Short Setup
Bias: Short
Entry (Zone): 55.20 - 56.20
Targets:
TP1: 53.80
TP2: 52.10
TP3: 50.40
Stop Loss: 57.10
Why this Setup:
I’m favoring a continuation short because price has lost momentum after the rebound and is now pressing back into the lows. I want to sell failed bounces near the current breakdown area and look for follow-through toward the next support levels.