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$HYPE (1h) - Range Rejection Short
Bias: Short
Entry (Zone): 70.1 - 70.9
Targets:
TP1: 68.9
TP2: 67.8
TP3: 66.4
Stop Loss: 71.8
Why this Setup:
I see price stalling under recent intraday highs after a strong push, and I want to fade the next failed retest if buyers can’t reclaim that upper range. I’m looking for a rotation back into the lower liquidity areas where the market has already shown repeated support.