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$HYPE (1h) - Rejection Short
Bias: Short
Entry (Zone): 69.80 - 70.60
Targets:
TP1: 68.00
TP2: 66.40
TP3: 64.80
Stop Loss: 71.40
Why this Setup:
I’m looking to short the failed push into the 70–71 area after repeated rejections and weakening momentum. I want confirmation that price loses the recent bounce and rolls back into the prior support band, where I expect sellers to press the move lower.