#比特币对比代币化黄金 🎯 HYPE Short Opportunity Watch

I've been watching HYPE's 4-hour chart recently and spotted a decent short-term opportunity.

Conclusion first—bearish outlook.
Entry range: between 31.00 and 31.80
Stop loss: 34.20
Target: first target at 29.20, second target at 28.00, and for the aggressive, 26.50

Why this assessment? The chart signals are pretty clear. Price action has formed a classic descending channel—each high is lower than the last, and lows keep hitting new levels. More importantly, the Exponential Moving Average (EMA) is now sitting right above the price, and every rebound is getting capped precisely, which is a typical dynamic resistance zone.

Currently, the price is churning below this resistance area, and there's no significant uptick in trading volume. If the price breaks below the current consolidation range, it's highly likely to head straight towards the previous low around 29.135. Looking at momentum indicators like RSI and MACD, bearish momentum is still building with no signs of a bottom yet.

That said, trading is never 100%. If the price suddenly jumps above 34.20, this short thesis is invalidated, and you need to cut your losses quickly. The market is always right; strategies are just for supporting your judgment.

$HYPE $ZEC $CLANKER

—For discussion only, trade at your own risk