$HYPE — Momentum Is Clearly Weakening ⚠️

$HYPE is showing a clear loss of momentum.

Every attempt to get a daily close above $35 has been rejected, with long upper wicks and heavy sell volume each time.

For the bullish structure to survive, bulls need a spring-type setup here.

A quick reclaim of the $31 level after this breakdown is crucial — this could trap late shorts and stabilize price action.

However, if $28.50 is lost, the +90% move from the lows is very likely exhausted, and downside pressure can increase.

Trade $HYPE carefully 👇⬇️

HYPEUSDT

Perp

29.47

-1.26%

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