$HYPE SHORTS SETUP WITH BEARISH DIVERGENCE CONFIRMED 🔴
Entry: 64.1 🔥
Target: 60.5 🚀
Stop Loss: 67.5 ⚠️
HYPE just rejected at the $63-65 zone after forming lower highs on the daily. I'm seeing clear bearish divergence on the RSI paired with expanding sell volume — textbook distribution behavior that usually traps late longs.
The measured move targets $60.5 as the first liquidity pool, and if momentum holds we could see a sharper drop toward $56.5. Do you think this correction plays out before the weekend?
Not financial advice. Always manage your risk.
#HYPE #ShortSetup #Distribution #BearishDivergence #Crypto
🔴
Entry: 64.1 🔥
Target: 60.5 🚀
Stop Loss: 67.5 ⚠️
HYPE just rejected at the $63-65 zone after forming lower highs on the daily. I'm seeing clear bearish divergence on the RSI paired with expanding sell volume — textbook distribution behavior that usually traps late longs.
The measured move targets $60.5 as the first liquidity pool, and if momentum holds we could see a sharper drop toward $56.5. Do you think this correction plays out before the weekend?
Not financial advice. Always manage your risk.
#HYPE #ShortSetup #Distribution #BearishDivergence #Crypto
🔴