$HYPE continues to trend lower on the daily chart, forming consistent lower highs and lows. The price was firmly rejected from the 34–37 USDT resistance zone and is now drifting toward the key support area around 26–$23.

The recent breakdown from its consolidation range signals weakness, and without a shift in momentum, further downside toward support looks likely.

For any real bullish reversal to take shape, price needs to reclaim 37 USDT with strength and backed by volume. Until then, the trend remains under pressure. #CPIWatch