$HYPE REACHES SUPPLY ZONE โ SHORT SETUP IN PLAY ๐ฅ
Entry: 61.1 - 62.9 ๐ฅ
Target: 58.3 ๐
Stop Loss: 67.2 โ ๏ธ
Price has rallied back into a former resistance area that held twice in the last two weeks. The structure still reads as corrective โ higher lows but no sustained demand. Liquidity is stacked beneath recent swing lows, and the daily RSI is sitting just below 55, a level that has capped rallies during bearish phases.
If this rejection holds, a move toward the first target at 58.3 becomes the path of least resistance. Are you taking the short here or waiting for a lower high confirmation?
Not financial advice. Always manage your risk.
#HYPE #ShortSetup #SupplyZone #LiquiditySweep #Crypto
โก
Entry: 61.1 - 62.9 ๐ฅ
Target: 58.3 ๐
Stop Loss: 67.2 โ ๏ธ
Price has rallied back into a former resistance area that held twice in the last two weeks. The structure still reads as corrective โ higher lows but no sustained demand. Liquidity is stacked beneath recent swing lows, and the daily RSI is sitting just below 55, a level that has capped rallies during bearish phases.
If this rejection holds, a move toward the first target at 58.3 becomes the path of least resistance. Are you taking the short here or waiting for a lower high confirmation?
Not financial advice. Always manage your risk.
#HYPE #ShortSetup #SupplyZone #LiquiditySweep #Crypto
โก