$HYPE Drifting Lower Watching for Reaction Near Lows.

#hype is under clear pressure today, down -5.4%, trading around 46.86 after falling from a high of 49.85. The 1H chart shows a consistent drop with all key MAs (5, 10, 30) rolling over, pointing to continued weakness.

Trade Setup:

• Entry: 46.80 – 47.00 (only if we see slowing downside)

• Stop Loss: 46.35

• Target 1: 47.50

• Target 2: 48.20

• Target 3: 49.00

Need to see a reclaim of 47.20+ with solid volume for any decent bounce. If it keeps drifting below 46.50, could test fresh lows.

Manage size carefullymomentum is still to the downside, so treat this as a scalp with tight risk.