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😤 HYPE Is Still in a Downtrend — Don’t Fight It Yet
Price keeps making lower highs and lower lows. Every bounce gets sold.
Until HYPE breaks that big descending trendline, all rallies are just… exits for smarter people.
So here’s the plan:
⸻
🔴 SHORT SETUP (the easier, higher-probability trade)
This is the trade with the trend, not against it.
👉 Short Entry Zone: 27.50 – 28.30
Perfect confluence of supply + trendline rejection.
❌ Stop Loss: 29.90
If price gets above this, bears lose control. Simple.
🎯 Take Profits:
•TP1: 25.00
•TP2: 22.19 (major demand)
•TP3: 20.50 (if things get ugly)
Why short here?
Because this zone keeps slapping price down. No breakout, no bullish hope.
⸻
🟢 LONG SETUP (only if the market actually shows strength)
This one is NOT active unless the trend truly shifts.
👉 Long Entry: After a breakout + retest ABOVE 29.80
No breakout, no trade. Don’t try to be a hero.
❌ Stop Loss: 28.20
🎯 Targets:
•TP1: 34.80
•TP2: 36.30
•TP3: 42.50 (if momentum sticks)
This is the “okay, maybe bulls are actually alive” setup.
⸻
🚫 Avoid Trading Inside 24.50 – 26.50
This area is where liquidity gets harvested and traders get chopped into emotional bits.
Let the market pick a direction first.
⸻
🧠 Final Take (Trader to Trader):
Right now, the short setup is the cleaner one.
The long setup only activates if we get a real breakout — not a fake wick.
Trade what the chart is showing, not what you wish it would do.