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$HYPE | 1h | Breakdown Short
Bias: Short
Entry Zone: 63.20 to 63.65
Stop Loss: 64.05
Targets:
TP1: 62.25
TP2: 61.45
TP3: 60.30
Invalidation:
Close above 64.05
Why This Setup:
I’m watching a failed rebound after a sharp selloff, with price losing the 63.5 area and continuing to print lower highs. The move has clean downside momentum, and a retest into the broken support should offer a better risk-to-reward short if sellers defend.