#大户持仓动态 HYPE The recent rebound rally appears to be weak, with the price failing to hold above the intraday high and starting to decline. Looking at the order book, there is a clear accumulation of sell orders in the 24.316-24.320 range, indicating significant selling pressure. From a higher time frame perspective, the overall trend remains bearish, and the downward momentum is not weak.



In the short term, consider looking for short opportunities around 24.315-24.320; if there's a rebound, it should be sold into.

Set the target levels as follows:
TP1 at 24.004, which is a key support
TP2 further down to 23.500
TP3 finally at 23.155

Place the stop-loss above 24.500.

It’s especially important to note that once the price breaks below 24.004, the decline may accelerate, and the target near 23.155 could be reached directly.

$HYPE $BTC $SOL
HYPE0,53%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt