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$HYPE | 1H | Momentum Fade Short
Bias: Short
Entry Zone: 71.75 to 72.05
Stop Loss: 72.85
Targets:
TP1: 70.95
TP2: 70.20
TP3: 69.35
Invalidation:
Close above 72.15
Why This Setup:
I see price stalling after a sharp impulsive rally and repeated failures to reclaim the 72 area cleanly. I’m fading the overextension on a short-term rejection, aiming for a rotation back into the 71 and 70 support zones where liquidity sits.
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