HYPE has rallied into the Equal Highs zone at $28.470—a classic stop-run area ahead of a potential reversal. Below, unfilled weekly FVG around $16.311 and a demand cluster at $22.937–21.480 set clear targets.Checklist & Context
Uptrend in place (HH/HL) into Equal Highs (~$28.47)
Prior moves saw liquidity grabs above highs, then swift returns
Demand sits at $22.937–21.480 (green zone)
Unfilled FVG at $16.311–16.335
Plan
– Primary: Short on a false-break or stop-run above $28.470 with a quick reclaim below
– Alternate: If price stalls < $28.47, watch $25–26 for a reversal setup
Triggers
• SFP / fake break above $28.470 followed by a close back under
• Impulsive drop into $22.937–21.480 → partial profit-taking
• Acceleration into the weekly FVG → exit remaining
Levels
• Sell Zone: > $28.470
• Take-Profits:
1️⃣ $22.937
2️⃣ $21.480
3️⃣ $16.311 (weekly FVG)
• Stop-Loss: > $31.427
Wait for clean reversal signals—no rush into the short until the high-stop reset is confirmed.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.