$HYPE just flipped the script. The descending trendline is officially broken, and it wasn’t quiet — volume expanded hard, confirming real intent behind the move. Open interest is at all-time highs, signaling fresh long positioning rather than short covering, which adds serious weight to this breakout. As long as price holds above the breakout zone, momentum favors continuation toward the 38–42 region. That area now becomes the natural magnet. A loss of the breakout level doesn’t kill the trend, but it would shift price into a range retest and reset the structure. For now, bulls are clearly in control and the market is watching this level closely. 🚀
HYPEUSDT
Bezterm.
33.84
+6.28%