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$HYPE | 1h | Bearish Rejection Short
Bias: Short
Entry Zone: 62.20 to 63.10
Stop Loss: 65.10
Targets:
TP1: 61.00
TP2: 59.70
TP3: 58.50
Invalidation:
Close above 65.10
Why This Setup:
I’m favoring a short while price stays below the 64-65 resistance area after repeated rejections. The structure is still leaning bearish with lower highs, and a clean break back under 61.00 could open room toward the prior lows.