HYPE short has been set up—will this 4-hour EMA death cross be coming?



$HYPE /USDT - go SHORT

Trading plan:
Entry: 60.028 – 60.306
SL: 61.499
TP1: 59.168
TP2: 58.502
TP3: 57.502

Why focus on this structure?
- Current price 60.167: SHORT direction is confirmed; a 4-hour EMA death cross is expected. RSI on the 15-minute timeframe has dropped to 40.39, and momentum is weak.
- Why now? 1-hour ATR is only 0.555, volatility is narrowing, but TP1 is set at 59.168—there’s enough room. Trend on 1D is ranging, with better odds for shorts.

Discussion:
Do you think HYPE will first dump to TP2 (58.502), or will it fake a rally and trigger the SL?
HYPE3.75%
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