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$HYPE (1h) - Pullback Short
Bias: Short
Entry (Zone): 63.20 - 64.20
Targets:
TP1: 62.60
TP2: 61.80
TP3: 60.40
Stop Loss: 64.90
Why this Setup:
I’m looking to short into the current resistance area after the strong move up, since price is stalling just below the recent highs and showing signs of exhaustion. I want a pullback from this supply zone back toward the prior breakout levels, with downside room if momentum fades.