🔥 $HYPE — Grinding the Ledge (Long Bias, Reduced Risk) 🔥
Price is walking a tightrope here. Same narrow band, same routine: dip → quick pullback → stall. Lower wicks keep showing up, but they’re shallow—just enough to reset, not enough to go anywhere. Each bounce is weaker than the last. Volume pops on the attempt… then vanishes. You can almost feel the momentum leaking out on contact.
I’m in small, hands off, letting price show its hand.
📈 Trade Plan — Long $HYPE
Entry: $28.50 – $29.10
Stop Loss: $27.70
Take Profit:
🎯 TP1: $30.50
🎯 TP2: $31.60
🧠 How I’m Managing It
As long as price holds the ledge and snaps back, I stay in.
❌ First clean slide that doesn’t reclaim the range = I’m out.
No hope trades. No waiting. Clean break, clean exit.
This is a structure test, not a conviction play. Let the chart do the talking.
🚀 Long $HYPE
#hype #cryptotrading #priceaction #RiskManagement #altcoins