📍#hype Technical Analysis (2025/06/21)

HYPE briefly bounced after hitting the 4H S1 support; however, the overall bias remains bearish across timeframes below key EMAs and the Pivot.

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[Timeframe] 1H

Trend: Range-bound bearish; trading under EMA9/21 and VWAP, bounced off 1H S3 (34.29), bearish momentum intact.

🔻 Short Info

🛑 Stop Loss: 36.00 (flip long above EMA9)

🟢 Add Short: 35.00, 34.50(triggered)

🚨 Breakdown Entry: 34.29

🎯 Take Profit: 34.00, 33.50, 33.00

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[Timeframe] 4H

Trend: Bearish; under EMA200 and Pivot (39.996), broke 4H S1 (35.893), ADX>20 confirms strong downtrend.

🔻 Short Info

🛑 Stop Loss: 39.00 (flip long above Pivot)

🟢 Add Short: 37.00, 36.00

🚨 Breakdown Entry: 30.63 (4H S2)

🎯 Take Profit: 30.63, 28.00, 25.00

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[Timeframe] 1D

Trend: Bearish consolidation; below EMA9/21 but above EMA200 (31.62), Stoch oversold, potential for minor relief bounce.

🔻 Short Info

🛑 Stop Loss: 42.08 (flip long above Pivot)

🟢 Add Short: 38.00, 36.60(triggered)

🚨 Breakdown Entry: 21.20 (1D S1)

🎯 Take Profit: 21.20, 9.73, 5.00

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[Strategy Summary]

Recommendations:

1. On the 1H, short relief rallies between 35.00–34.50, stop at 36.00, target 34.00 and 33.50.

2. On the 4H, maintain shorts on bounces into 36.00–37.00, stop at 39.00, target 30.63.

3. On the daily, remain bearish below Pivot (42.08), add shorts on weakness, and only consider longs upon clear break above EMA9/21.

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