$HYPE just lost the daily swing low that held since late October, on a 4h candle with about 5x normal volume. I'm bearish, but not shorting here. I'm waiting for a bounce back into the broken support. Short-term RSI is deep in oversold, so chasing now means selling at a discount. The 12h highs have stepped lower three times since early November, with no higher high yet. Today set a 50-day low. What stacks in my sell zone: - The broken daily low, likely flipping to resistance - The lower edge of an unfilled 4h gap left by the breakdown candle - Just under the last 1h bounce high and the 1h EMA20 Several structures in one place is a plan, not a guess. ICT view: the daily break of structure is fresh, and the 12h has shown no change of character. The bearish fair value gap's lower edge sits just below equilibrium, the first premium area price can realistically reach. First target is sell-side liquidity under today's low. I'm wrong if a 4h close fills the whole gap and reclaims the broken lows. Risks: 1h and 15m bullish divergences hint at a bounce, and US CPI lands tomorrow night KST. If price drops with no bounce, there's no entry and no trade. Published by YTIlab · OMNISIGHT REPORT Not investment advice. All decisions and responsibility are your own.