$HYPE
HYPEUSDT
Perp
27.52
-1.94%
Testing Channel Resistance 👀
HYPE is bouncing from the lower boundary of the daily descending channel and now pressing into trendline resistance around $28–$29.
A clean break and daily close above the channel could open upside toward $32–$34.
Rejection here keeps the structure bearish, with potential move back toward the main support below at $21.5 - $23.5#hype #TrumpStateoftheUnion #Market_Update #cryoto #trading