$HYPER
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HYPER/USDT Short Trade Signal
Bearish move likely after rejection from resistance!
HYPER/USDT is trading at 0.2670 and showing signs of weakness. The price has failed multiple times to break above the 0.2800 resistance zone. A recent bullish move got rejected, forming a strong bearish engulfing candle. Now, price is testing the 0.2600 support. If this level breaks, the price could drop further.
Trade Setup:
Short Entry: Between 0.2660 and 0.2685
Take Profit Targets: 0.2500 and 0.2370
Stop Loss: 0.2810
Market Outlook:
Sellers are clearly in control after several failed breakouts. Until the price breaks above 0.2850, avoid long positions. The trend favors bears.
Command: "Short the rejection, profit on the breakdown."
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