#HYPE Update 📉📈
$HYPE is breaking down from its ascending channel — a key shift in structure. Price is currently at $39.95, just below the 9 EMA ($42.39) and 50 SMA ($41.33), signaling short-term weakness.
🧠 But here’s what to watch:
The first major support zone sits around $37.5–$35
Below that, stronger support lies between $31–$28
Final demand zone is around $25–$22
If $HYPE dips into any of these levels with volume slowdown, it could be a great accumulation opportunity. Many are eyeing this alt as a potential BNB-style runner this cycle.
🧭 Short-term caution, long-term interest. Be patient. Smart money buys blood — not FOMO.
🔗 GREEN WALLET
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