$HYPER coin
SHORT
Price: .2010
(Enter on entry price)
I can see a falling wedge bullish chart pattern on the 1-hour (1H) shorter time frame. Currently, HYPER is facing rejection from the upper trendline resistance, so I am technically bearish on this coin.
There is a lot of upside liquidity visible on the CoinGlass Binance liquidation heatmap in the 12-hour (12H) time frame. Based on this, I expect HYPER to move upward to grab liquidity and then dump again.
Additionally, the Money Flow Index on TOTAL2 looks bearish, indicating that other altcoins might also go down. You can consider opening short positions with proper risk management and money management. Avoid using high leverage while trading.
5x leverage isolated
Sl: .2123
Target:
1) .1950
2).1900
3).1870
4).1830
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