$HYPE is rolling over after a parabolic spike, signaling a classic distribution-to-continuation breakdown
45m chart shows sharp rejection from 38.4 high, bearish EMA crossover, price trapped below EMA25/99 with weak bounces, confirming momentum exhaustion and range compression before continuation.
SHORT 33.20 - 33.80
TP1 32.00, TP2 31.20, TP3 30.40
🛑 Stop Loss 34.90
Downside favored while price holds below 33.8–34.0 and fails to reclaim key EMA resistance with volume.
Trade HYPE👇
HYPEUSDT
Perp
34.32
+5.34%