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$HYPE /USDT Perp – "Rejection at EMAs – Short"**


**Trading Plan Short $HYPE
Entry: 87.35
SL: 88.05
TP1: 86.99
TP2: 86.34

Explanation: Price is rejected below the EMA cluster (EMA30 at 87.92) with negative MACD, targeting the purple support at 86.99 and the 86.34 low.
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HYPEHYPE+2.85%

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FibScissors
an hour ago
Setting the SL at 88.05 gives a mediocre risk-reward ratio; I may tighten it to 87.8.
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TestnetNomad
an hour ago
If the purple support at 86.99 breaks, the downside will open up; otherwise, the price is likely to move sideways.
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VegasTunnel
an hour ago
HYPE's volatility is insane, so keep the position size small.
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FundFlowEye
an hour ago
I’m staying on the sidelines for this trade. There have been too many false breakouts around the EMA cluster, so I’ll wait for confirmation.
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MetalKeyInsomnia
an hour ago
First Review
EMA30 resistance is clearly holding, and the MACD bearish crossover has followed through, making the short trade setup quite straightforward.
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