Trend Analysis: Complete $HYPE the downward trend and reached the expected target → the rebound is confirmed.

RSI Confirmation: The Relative Strength Index indicated the bottom → supports the likelihood of a bullish reversal.

Key Levels to Watch:

Support: Breaking 23.3$ could lead to further decline towards 13$.

Resistance: Recovering 27$ is crucial → control for the bulls.

Overall Market Context: #US_GDP_Update #Binance_Alpha_Alert #Crypto_Staking_Tax_Review #Meme_Coin_ETF_Funds

Interpretation: Currently, sideways movement around the current price is expected. Bulls need to break above 27$ to push momentum upwards, while breaking 23.3$ indicates renewed selling pressure.

$HYPE

HYPE
HYPEUSDT
24.11
-1.53%

#USChinaDeal #Binanceholdermmt #BinancehodlerSOMI #USGDPUpdate $ADA