I'm watching $HYPE USDT Perp on Binance. On the 15m chart, it's under pressure and trading at 24.138, down 2.92% after failing near 25.10. Price is below all key moving averages—MA7 at 24.266, MA25 at 24.594, MA99 at 24.868—showing bears are in control.

Sellers pushed it from 25.69 down to the 24.02 support zone. Volume is active, confirming distribution. Immediate support is around 24.02–24.00. Any bounce may face strong resistance near 24.45–24.60. Trend stays bearish unless price breaks above MA25 with strength.

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