$HYPE / USDT – Bearish Prediction

💰 Current Price: $28.818

🔴 Best Sell Zone (Short Entry):

👉 $28.70 – $29.20

🎯 Targets After Entry:

🔵 First Target: $28.10 (Major support test)

🔵 Second Target: $28

🔵 Final Target: $27.40 – $27.90

🟥 Stop Loss: $29.85

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📊 RSI & Volume Status:

⚠️ RSI ~9 (Extreme oversold) → Bounce possible, but breakdown still likely

⚠️ Massive red candle + heavy sell volume → Strong bearish pressure

✅ Trend structure is lower-highs + lower-lows → Downtrend intact

🔻 A clean break below $28.10 will trigger a strong continuation dump

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HYPEUSDT

Perp

29.44

-0.47%