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HYPE short signals have been armed—dare you catch this wave of downside?
$HYPE /USDT - SHORT
Trading plan:
Entry: 60.385 – 60.625
SL: 61.653
TP1: 59.644
TP2: 59.070
TP3: 58.209
Why watch this setup?
- On the 4H timeframe, shorts dominate; RSI on 15M is only 37.32, and weakness persists.
- Entry around 60.505; TP1 targets 59.644, with an enticing risk-reward ratio.
- The 1D trend is choppy, but bearish momentum is strong—if you don’t enter now, when?
Discussion:
Do you think HYPE will first reach TP2 at 59.070, or will it lure a short squeeze bounce?