🔹 Trend

$HYPE in downtrend → now recovery attempt

🔹 EMA

Price trying to reclaim EMA 25

EMA 99 still above → overall bearish pressure

🔹 Volume

Low to moderate → weak buying strength

🔹 MACD

Early bullish crossover → possible reversal

🔹 RSI

Recovering from oversold → early strength

🔹 Support & Resistance

Support: 37.3 / 36.7

Resistance: 39.0 / 40.4

🔹 Bias

👉 WAIT / Risky Buy ⚠️

#Hyperliquid #Bullish

#TechnicalAnalysis

HYPE
HYPEUSDT
40.55
+8.31%