
$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
