$HYPE HYPEUSDT (Hyperliquid) ๐๐ง๐ปโ ๏ธ
HYPE is showing clear signs of structural decay after a prolonged distribution phase ๐งฑโฌ๏ธ. The trend has flipped decisively bearish, with price unable to reclaim key moving averages ๐โ. Momentum is weak and fading fast, suggesting buyers are no longer in control ๐ด. RSI remains suppressed, signaling continued downside pressure ๐ฉธ. Every bounce looks corrective rather than impulsive ๐โฐ๏ธ. Sellers are aggressively defending prior support turned resistance ๐ป๐ก๏ธ. This chart reflects exhaustion, not accumulation ๐๐ง.