🔥$HYPE showing weakness at resistance.😬
Below 32 = short bias.
Targets: 30 → 28.5
Patience. Let it come.
Price is currently trading inside a clear range:
🔴 Resistance: ~35.0
🟢 Support: ~28.5
We just got rejected from the upper range and are pulling back — this tells us buyers are losing momentum short-term.
📌 What I’m watching:
✅ As long as price stays above 28.5, structure remains bullish (range support holding).
❌ A clean break below 28.5 = likely continuation to lower liquidity (25–24 zone).
Possible Scenarios
📈 Bull case:
– Hold above 32–33
– Break & close above 35
– Targets: 38 → 42
📉 Bear case:
– Lose 32
– Retest 28.5 support
– If that fails → 25 area next
🧠 Trade smart:
This is mid-range price right now — not ideal for entries.
Best plays come at support or resistance, not in the middle.
HYPEUSDT
Perp
31.37
-3.00%