$HYPE DOUBLE TOP CONFIRMED — SHORTS LOADING AT SUPPLY! 🔴💥
Entry: $62.10 – $63.90 ⚡
Target 1: $58.60 🚀
Target 2: $55.10 🎯
Stop Loss: $66.40 ⚠️
📌 Textbook distribution on the second touch of this supply zone — volume dried up while price made a lower high. 🔍 RSI bearish divergence on the 4H and price slicing below the 21-EMA tell the same story: momentum is collapsing. 🐻 Liquidity sits in a vacuum from 58.60 down to 51.50, giving this short a clean runway with a tight stop above the swing high.
💡 Risk-to-reward is exceptional, and the trap is already set for the late longs. 📊 Structure has flipped — are you shorting the breakdown or waiting for one more fake-out above resistance? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #HYPE #ShortSetup #Bearish #DoubleTop #Crypto
🔴 🎯
Entry: $62.10 – $63.90 ⚡
Target 1: $58.60 🚀
Target 2: $55.10 🎯
Stop Loss: $66.40 ⚠️
📌 Textbook distribution on the second touch of this supply zone — volume dried up while price made a lower high. 🔍 RSI bearish divergence on the 4H and price slicing below the 21-EMA tell the same story: momentum is collapsing. 🐻 Liquidity sits in a vacuum from 58.60 down to 51.50, giving this short a clean runway with a tight stop above the swing high.
💡 Risk-to-reward is exceptional, and the trap is already set for the late longs. 📊 Structure has flipped — are you shorting the breakdown or waiting for one more fake-out above resistance? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #HYPE #ShortSetup #Bearish #DoubleTop #Crypto
🔴 🎯