$HYPE

HYPEUSDT

Perp

29.49

-0.72%

with a clear loss of momentum.

Every attempt for the daily to close above $35 = rejected. Heavy wicks. Heavy sell volume each time.

Bulls need a spring setup here. Quick reclaim of $31 after this breakdown for the structure to survive and to trap shorts.

Lose $28.50 and that +90% move from the lows is almost definitely exhausted