$HYPE Watch for short opportunities.

This rebound has just tested a key supply zone, and you can clearly feel the bullish momentum starting to fade. When buyers pushed upward, the additional sell pressure at this level was absorbed almost completely. If the bears continue to hold this resistance level, the next move could be to test the liquidity of the lower range.

You can look for entry positions around 60.2 - 61.4. If you look lower, consider even around 58.2, or 52.4. But don’t forget to set protection at 65.0—manage risk and don’t go in too aggressively!