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$HYPE – Resistance zone reached with correction signals emerging after powerful impulse
Trade Setup: Short $HYPE
• Entry Zone: 70.8 – 71.4
• Target 1: 69.0
• Target 2: 67.5
• Target 3: 66.3
• Stop Loss: 75.3
Price action has reached a strong resistance zone following a powerful upward impulse and is beginning to exhibit signs of correction. Provided the 70.8 to 71.4 range remains resistance, priority stays with continued downside toward the designated targets. Exercise proper risk management and limit exposure to no more than one to two percent of capital per trade.
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