$HYPE has printed three lower highs in a row, and a big 4h candle broke the level that launched the last leg up. I'm short-biased, but I'm not selling here. I'm waiting for a bounce into the zone above, where several levels stack. The catch: price already sits near the bottom of its two-month range. Since the top, every rally has failed lower. The last bounce came on fading volume and stalled under the short-term average. Why that zone matters: - The lower edge of the gap left by the Nov 5 selloff - The 4h 20 EMA and the last bounce high - A broken 12h 200 EMA, support turned resistance Separate tools agreeing on one area is the reason to wait. ICT read: 12h structure is bearish and the 4h break confirmed it. The textbook retracement is too far to fill, so I used the nearer gap edge. First target is the sell-side liquidity resting under the low shared by the 4h, 12h and daily. Where I'm wrong: if price reclaims the broken 4h support and clears the recent 1h high, the lower-high sequence is over and I step aside. Risks: - Divergence leans long; a sharp post-liquidation bounce is possible. - Price may slide straight down and never fill. Published by YTIlab · OMNISIGHT REPORT Not investment advice. All decisions and responsibility are your own.