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$HYPE | 1h | Breakdown Retest Short
Bias: Short
Entry Zone: 60.50 to 60.90
Stop Loss: 62.05
Targets:
TP1: 59.20
TP2: 58.10
TP3: 56.80
Invalidation:
Close above 62.05
Why This Setup:
I’m watching a short-term breakdown with price struggling to reclaim the 61 area after a sharp selloff. The bounce is losing momentum under prior support, so I want a retest rejection for continuation lower.