$HYPE is pushing into resistance after a weak week, this bounce looks like a setup for sellers, not continuation.

SHORT $HYPE

Entry: $35.5-$36.5

Stoploss: $38.0

Targets: $33.8-$31.5-$30

📊 Technical analysis:

Price is stuck around SMA7 showing no strong trend control. RSI near 60 is approaching exhaustion after a bounce. MACD is positive but weak, momentum lacks expansion. The $36-$37 zone acts as strong resistance. Failure to break higher increases probability of rejection. Loss of $34 confirms downside continuation toward $30.

Trade $HYPE here 👇

HYPE
HYPEUSDT
35.64
+1.47%