Price got rejected from a major weekly resistance
Clear distribution at the highs → structure shifted bearish

Previous support has flipped into resistance (R/S flip)
As long as price stays below this level, downside pressure remains valid

Price is currently consolidating above a local support zone
This area is critical for short-term direction

If support fails on a weekly close, continuation to the downside becomes likely
Bullish scenario only activates if price reclaims resistance and holds

Level-to-level market
No prediction — wait for confirmation. Monitor on the LTF

What’s your bias from here: support hold or further continuation?

$HYPE

HYPE
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