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$HYPE | 1H | Short Setup
Bias: Short
Entry Zone: 72.00 to 72.70
Stop Loss: 74.90
Targets:
TP1: 70.30
TP2: 69.00
TP3: 67.10
Invalidation:
Close above 74.90
Why This Setup:
I’m watching a lower-high rejection after the strong impulsive move into 76, with price losing momentum and failing to hold above the 72 area. The structure still looks heavy as long as 72 support keeps getting retested from below, giving room for a continuation move into the prior demand zones.
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