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📉 Signal for short – $HYPE (Hyperliquid)
🔹 Asset: $HYPE /USDT
🔹 Current price: $50.90
🔹 Direction: Short
🔹 Entry point: $50.50
🔹 Stop-loss: $52.00
🔹 Take-profit: $47.00 → $45.00
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🔍 Why short $HYPE?
• Overbought: HYPE shows signs of being overbought, which may lead to a correction.
• Technical analysis: Resistance levels and indicators confirm potential for a decline.
• Market conditions: The overall trend and volatility create favorable conditions for short positions.
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#CryptoFutures #Hyperliquid #FuturesTrading #BinanceFutures
