$HYPE Watch for short opportunities.



The current chart looks like a bear flag pattern, and it may be ready to drop at any moment. You can look for a short setup on a rebound in the 59.43 to 60.44 area, with the first targets at around 57.35 to 55.29.

But be mindful of the risks: the 15-minute RSI is rising, and in the short term it may first trigger a squeeze before dumping. For stop loss, you can refer to around 62.25. Don’t go all-in—manage position sizing according to your account. Also, you can keep an eye on the movements of $MU and $SNDK .
HYPE-1.39%
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