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$HYPE | 1h | Bearish continuation setup
Bias: Short
Entry Zone: 62.20 to 62.90
Stop Loss: 63.85
Targets:
TP1: 61.00
TP2: 60.20
TP3: 58.80
Invalidation:
Close above 63.85
Why This Setup:
I’m seeing a clear sequence of lower highs after the rejection from the 66-69 area, and the recent bounce is still below the broken support zone. I want to sell into strength while price stays capped under 63.8, looking for a continuation move back toward the 61 and 60 liquidity levels.