HYPE shorts are setting up traps—countdown to a 4-hour EMA death cross?



$HYPE /USDT - SHORT

Trading plan:
Entry: 59.852 – 60.140
SL: 61.378
TP1: 58.960
TP2: 58.269
TP3: 57.232

Why watch this structure?
- 1-day trend is range-bound; 4-hour RSI 61.18 hasn’t gotten overheated, but the 15-minute RSI is being pressured in sync.
- Short entry reference at 59.996, TP1 58.960, TP2 58.269, stop loss 61.378.
- Currently waiting for the signal; a break above 60.14 or a fall below 59.85 will confirm the direction.

Discussion:
Will this drop first to TP2, or is it a bear trap and a rebound that sweeps stops?
HYPE1.01%
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