BEARISH
HYPE BEARISH · 12h
ENTRY84.2~85.2TARGET79.6STOP87
In 3 lines
- HYPE surged 70% from $51 to $87 in a fortnight, and has since spent six days stuck sideways between roughly $77 and $87.
- Price set a new high but the force behind it weakened and volume dried to a sixth. Both overlap the $84-$85 resistance we sell into.
- If price clears $87 and holds, this call is wrong. The stop sits just above that high so the trade exits as soon as it is disproven.
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Analysis by methodology (ICT, Wyckoff, Elliott, divergence, macro, news), invalidation levels, R:R and confidence are in the member report.
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