HYPE short signals are emerging—do you dare to seize this opportunity?

$HYPE /USDT - Short SHORT

Trading plan:
Entry: 59.934 – 60.210
SL: 61.395
TP1: 59.079
TP2: 58.418
TP3: 57.425

Why focus on this structure?
- 4-hour trend is bearish; there’s resistance near the 1-hour EMA around 60.072.
- RSI on the 15-minute chart is 61.2; it’s not overbought, and there’s still room for downside in the short term.
- Entry reference is 60.072, TP targets 59.079/58.418, with a stop loss at 61.395.
- Why now? Price is range-bound; the bearish signal aligns with EMA resistance, and the risk-reward ratio is reasonable.

Discussion:
Will this move first hit TP1, or will it break down immediately? Have you placed your orders?