📍#hype Technical Analysis (2025/06/21)
HYPE today rebounded briefly after reaching 4H S1, but overall remains below various moving averages and Pivot levels, showing a clear bearish pattern in the short, medium, and long term.
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【Period】1H
Trend: Consolidating bearishly, price is below EMA9/21 and VWAP, rebounding at 1H S3(34.292) support, bearish momentum still exists.
🔻 Short Position Information
🛑 Stop Loss: 36.00 (Break above EMA9 turns bullish)
🟢 Add Short: 35.00, 34.50 (already triggered)
🚨 Break Down to Add Short: 34.29
🎯 Take Profit: 34.00, 33.50, 33.00
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【Period】4H
Trend: Bearish, continuing to oscillate below EMA200 and Pivot(39.996), has broken below 4H S1(35.893), ADX >20 indicates a strong bearish trend.
🔻 Short Position Information
🛑 Stop Loss: 39.00 (Break above Pivot turns bullish)
🟢 Add Short: 37.00, 36.00
🚨 Break Down to Add Short: 30.63 (4H S2)
🎯 Take Profit: 30.63, 28.00, 25.00
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【Period】1D
Trend: Bearish consolidation, daily line is below EMA9/21 but still above EMA200(31.62), Stoch oversold, small rebound opportunity in the short term.
🔻 Short Position Information
🛑 Stop Loss: 42.08 (Break above Pivot turns bullish)
🟢 Add Short: 38.00, 36.60 (already triggered)
🚨 Break Down to Add Short: 21.20 (1D S1)
🎯 Take Profit: 21.20, 9.73, 5.00
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【Strategy Summary】
Operational Suggestions:
1. 1H level: It is recommended to short in the 35.00–34.50 range, set stop loss at 36.00, first targets 34.00, 33.50.
2. 4H level: The bearish trend is clear, it is recommended to add short during the rebound in the 36.00–37.00 range, stop loss at 39.00, initial target at 30.63.
3. Daily level: Maintain a bearish mindset, continue short below 42.08, after breaking 21.20 look towards 9.73; consider long positions only if breaking above EMA9/21.