$HYPE (1W)


Printing a massive bull trap with that SFP above the highs.
I expect some chop above $30–$31 in the short term, but overall, this looks like a distribution on LTFs
The next move from here is likely a move back to the $20 lows over the coming months.
From there, we probably range for the rest of the year.
Don’t get trapped chasing strength into HTF rejection.
#HYPE #HYPEUSDT
HYPE2,72%
SFP0,39%
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