Coin Name: $HYPER
Position: Short
Entry Price: 0.2016
On the 15-minute chart, HYPER/USDT is consolidating within a channel while holding above an ascending trendline. If HYPER breaks below this trendline and confirms the move with a clean retest, it could present a shorting opportunity. Additionally, the RSI is currently holding in the supply zone, which further supports a bearish bias.
There is substantial liquidity positioned below the current price on HYPER. I anticipate that the price will move downward to target and capture this downside liquidity.
Leverage: 3X
Targets:
1st TP 0.1980
2nd TP 0.1940
3rd TP 0.1900
This is my personal prediction, but as we all know, the crypto market is highly volatile. If you're considering this trade, be sure to conduct your own thorough research before making any decisions.
$HYPER
For more insights and future signals, check out my Bio and tune into my Binance live stream for real-time analysis and updates!