#CryptoTrading. #Signal🚥.
📊Technical Analysis (1 Hour) $HYPER /USDT
1. Price and Trend: Current price 0.4886 with a drop of 2.44%. There is a correction after the increase, the price is approaching the lower Bollinger band (0.4795), which may indicate support or a possible rebound.
2. Volumes: Trading volume (36.8M) is decreasing, which accompanies the price correction, which may indicate a decrease in interest.
3. Technical indicators:
• MACD: The MACD line is approaching the signal line, but is still in the negative zone (-0.0109), which confirms the bearish trend.
• RSI (StochRSI): The level of 1.5466 (overbought), but is decreasing, which may signal possible unloading.
• MA: Moving averages (5 and 10) show a decline, confirming the short-term bearish trend.
⚠️Conclusion: Currently, a short-term bearish trend is dominant with signs of a possible reversal near the support level. It is recommended to watch for lower Bollinger tests or a bounce