🔥 $HYPE is on the BRINK! 📉

Entry: $22.19Target/TP: $20.82SL: $29.37Hyperliquid’s rally just hit a wall – failing to even touch the 20-day EMA at $27.09. That’s a HUGE sign of weak buying pressure. 🐻 Bears are now eyeing a break below the critical $22.19 support.

If they succeed, expect a rapid drop towards the October 10th low of $20.82. A breach of *that* level could send $HYPE crashing down to $16.90!Bulls need a miracle – a push *above* that 20-day EMA – to reclaim control and aim for $29.37, potentially reaching $35.50. 🚀

#Hyperliquid #HYPE #CryptoTrading #TechnicalAnalysis 🚨

HYPERUSDT

Perp

0.131

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