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$HYPE (1h) - Bearish Breakdown Short
Bias: Short
Entry (Zone): 53.20 - 53.45
Targets:
TP1: 52.20
TP2: 51.45
TP3: 50.45
Stop Loss: 54.10
Why this Setup:
I’m staying with the short bias because price has rolled over from the recent lower high and is pressing into the 53 area with weak rebound strength. I want a retest into resistance rather than chasing the move, and I’ll look for continuation if sellers keep control under 53.45.