On the 4H timeframe, HYPEUSDT is showing a potential distribution phase after bullish expansion, with price currently testing the upper portion of the range. The recent candles indicate rejection wicks and slowing momentum, suggesting that buyers are losing strength near the highs.
Price is trading above equilibrium (0.5 level), placing it in premium territory, which aligns with ICT principles favoring short opportunities, especially when liquidity rests above.
A key feature is the Fair Value Gap (FVG) above (~42.2–42.5), acting as a draw on price. This suggests that price may still push slightly higher to fully rebalance the imbalance and sweep buy-side liquidity above recent highs.
Projected ICT scenario:
Price makes a final push upward into the upper FVG / premium zone
Sweeps buy-side liquidity (equal highs)
Forms a rejection / bull trap
Initiates a bearish expansion targeting lower imbalance (~41.4–41.6 FVG below)
The lower FVG represents a key discount target, where price may seek to rebalance after the liquidity grab.
Key confluences:
Price in premium (sell-favorable zone)
Equal highs / liquidity above
FVG above acting as inducement
Clear imbalance below as downside target
Execution idea:
Wait for price to tap into the upper FVG and show bearish confirmation (CHoCH / BOS on lower timeframe). This provides a high-probability short setup, targeting the lower FVG.
Invalidation:
If price breaks above the highs and sustains, then bullish continuation becomes more likely, invalidating the bearish setup.
This is not financial advice. Always apply proper risk management.
Price is trading above equilibrium (0.5 level), placing it in premium territory, which aligns with ICT principles favoring short opportunities, especially when liquidity rests above.
A key feature is the Fair Value Gap (FVG) above (~42.2–42.5), acting as a draw on price. This suggests that price may still push slightly higher to fully rebalance the imbalance and sweep buy-side liquidity above recent highs.
Projected ICT scenario:
Price makes a final push upward into the upper FVG / premium zone
Sweeps buy-side liquidity (equal highs)
Forms a rejection / bull trap
Initiates a bearish expansion targeting lower imbalance (~41.4–41.6 FVG below)
The lower FVG represents a key discount target, where price may seek to rebalance after the liquidity grab.
Key confluences:
Price in premium (sell-favorable zone)
Equal highs / liquidity above
FVG above acting as inducement
Clear imbalance below as downside target
Execution idea:
Wait for price to tap into the upper FVG and show bearish confirmation (CHoCH / BOS on lower timeframe). This provides a high-probability short setup, targeting the lower FVG.
Invalidation:
If price breaks above the highs and sustains, then bullish continuation becomes more likely, invalidating the bearish setup.
This is not financial advice. Always apply proper risk management.
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.
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.