$HYPE Returns strongly after a powerful expansion move, and I see this decline as a classic retracement in momentum, not a failure in the trend. The price moved from the $27 zone to nearly $35, attracting bullish liquidity, and is now rapidly pulling back to reset the structure. Usually, this type of movement unsettles late buyers and sets the stage for the next decision.

I am monitoring the 1H chart structure, and the decline is sharp, but it is approaching a very important demand zone. The candles extend downward, yet momentum begins to tighten near the previous accumulation. Here, I slow down and look for a reaction, not panic.
Entry Point
I plan to enter between $30.80 and $31.30. This zone aligns with the previous support and the base of the last impulse wave. I want to see the price respect this area and stop the bleeding.
Target Point
First target: $32.80 – the first rebound for relief and intraday resistance
Second target: $34.20 – the previous rejection zone
Third target: $35.60 – continuation of expansion if momentum reverses upward
Stop Loss
My stop loss is below $29.90. A clean break below this level means the structure did not hold, and I am out, without hesitation.
How can this happen
I choose this setup because the higher structure remains strong, the previous pullback has already cleared liquidity, and the price is now reacting near a major demand zone. If buyers defend here, a move back toward the highs is very realistic. The risk is defined, the structure is clear, and the reward justifies the trade.
I stay calm, monitor the chart, and let the price confirm my idea.
Let’s go and trade now $HYPE