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$HYPE is showing bearish pressure after long positions were liquidated near $54.42552. If sellers continue defending this zone, the price could move toward lower levels.


Trade Idea:


Entry: $54.00 – $54.80

Target: $52.50 / $50.50 / $48.00

Stop Loss: $56.00


Wait for rejection near the entry zone and avoid shorting after an overextended drop. Let’s go $HYPE

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