$HYPE

HYPEUSDT

Perp

31.13

+5.58%

is starting to show clear momentum fade.

Every push trying to secure a daily close above $35 has been sold into — long upper wicks and consistent sell pressure showing up each attempt.

Bulls need a strong spring reaction here. Structure only stabilizes if price quickly reclaims $31 and forces shorts into a squeeze.$HYPE

If $28.50 gives way, the +90% expansion off the lows likely marks exhaustion and opens the door for a deeper unwind.