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$HYPE (1H) - Bearish Rejection
Bias: Short
Entry (Zone): 67.2 - 68.2
Targets:
TP1: 65.8
TP2: 64.6
TP3: 62.9
Stop Loss: 70.0
Why this Setup:
I’m looking for a short as price keeps failing to reclaim the 68 to 69 area after a strong run-up. I see weakening momentum and repeated lower highs, so I want to fade a rejection back toward the recent liquidity pockets below.