$HYPE Short. Take profit at 35.809, stop loss at 50.7. Technical analysis: Standard Elliott impulse wave 5-wave structure, currently in an ongoing corrective wave A. The overall large cycle structure is clearly a bearish trend, with obvious support near the significant Fibonacci resonance level and key volume and price points at around 35.89. If shorting. This level is an obvious take profit point. If it breaks above 50.7, it indicates continued upward movement, breaking key resistance, reversing the overall trend, and completing a standard bullish trend. #Gate广场四月发帖挑战