HYPE is perched at a tight range, eyeing the 0.0250 resistance that’s been tested three times this week. A break below the 0.0235 support could unleash the short wave we’ve been waiting for.
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$HYPE SHORT 📉 — Trade Plan
• Entry: $80.5324 – $80.6936
• Stop: $83.0314 (-3.0%)
• Target 1: $79.4038 (+1.5%)
• Target 2: $76.5823 (+5.0%)
• R/R 1:1.7 | Confidence 65%
The market structure flipped with a clear change of character as price dropped below the recent swing low, confirming the CHoCH. Volume divergence via CVD turned bearish, while a fair value gap sits right above the 0.0240 level, giving a clean entry zone. An order block from the prior down-move overlaps the FVG, creating a POI that reinforces the short bias.
A 3.0% stop is relatively tight on this volatile pair, so 5-10x leverage keeps risk manageable.
Take half profit at the first target around 0.0220 as the price approaches the next minor support.
As always: manage your risk, this is not financial advice 🙏
$HYPE #HYPEUSDT #CPIWatch #TradingSignals #Write2Earn