Technical analysis by Low_Leverage_Matthew about Symbol HYPE: Sell recommendation (10/15/2025)

This setup shorts the failure at the channel midline and 41–42 supply, aiming for a quick move back into the lower half of the daily channel with first take‑profit near 37.8 where prior demand and fib confluence sit. Execution is simple: sell into a fresh rejection below 41–42, I use a hard stop around 43.1 just above the recent swing and channel cap, and let the trade work toward 37.8 with the option to trail if momentum accelerates lower. If price closes back above 43.1, the idea is invalid and the short is closed without debate