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$HYPE (1h) - Bearish Rejection Setup
Bias: Short
Entry (Zone): 74.20 - 76.20
Targets:
TP1: 72.80
TP2: 70.50
TP3: 66.80
Stop Loss: 77.10
Why this Setup:
I’m looking to short into strength after the sharp push up and the failed follow-through near the highs. I want a rejection from the 74 to 76 area, with downside back toward the prior consolidation and then the next support zone if momentum fades.