📊 HYPE/USDT Update

HYPE finally broke out of the ascending channel it was stuck in since April. Price ran from 39 to 50 in just a week, and now sitting at 49.55 right above the broken trendline.

The breakout is done — what matters now is the retest. Watching for price to come back down to 48–48.5 (the broken channel top) and react. If buyers step in there with a clean bullish candle, the move continues toward 52, then 54.

If it falls back below 48 instead, breakout failed and we're looking at a drop to 46 first, maybe 43 if weakness continues.

For now, no chasing. Either wait for the retest at 48, or wait for clean confirmation above 50.50. 🎯

React on post 🙏