#hypeusdt HYPEUSDT 4H – POTENTIAL ABC CORRECTION?

After forming an impulsive structure of 5 Elliot Waves (1-5), the price appears to have failed to break from the zone $19.31 and is currently (potentially) forming a Corrective Wave ABC.

Key Level Breakdown:

• Resistance Zone: 19.63 – 21.01 → Strong supply area, clear rejection at wave 5.

• Support (Key Level): 16.33 → Validating this area could be an early reversal signal if it holds.

• Demand Zone: 13.24 – 14.16 → Main target for wave C, potential reversal area.

If the ABC scenario is valid, then it is highly likely to continue down to:

• Wave A: Around $16.3

• Wave C: Potentially heading towards the demand zone $13.2 – $14.1