As discussed in yesterday’s stream, \$HYPE showed clear signs of exhaustion — and now the chart’s confirming it. After those fakeouts near the highs, the sell pressure is kicking in hard.
Down over 10% already and bleeding momentum fast. 📉
Those bullish traps at the top? Classic distribution play. Smart money already exited — retail is left holding the bag.
Momentum indicators are rolling over, volume’s drying up, and lower highs are stacking. If key support doesn’t hold, we could see a sharp leg lower.
This is a textbook reminder: when the hype fades, reality hits hard. 👀
Stay sharp, don’t chase green candles, and always respect the signals.
More downside could be on the table unless bulls step in with serious co
nviction. 💥
#MarketPullback #IsraelIranConflict #MyTradingStyle #GENIUSActPass #DAOBaseAIBinanceTGE
