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$HYPE — Structural Weakness
HYPE rejected from resistance.
Lower highs forming.
Selling pressure increasing.
Momentum bearish.
Market Structure: Bearish
Support: 23.5 – 24.0
Resistance: 26.5 – 28.0
Entry: 26.5 – 27.5
Targets:
T1 24.0
T2 21.8
T3 19.5
SL: 29.0
Sentiment:
Buyers losing control.
Trend weakening.
Downside continuation possible.
#GateTradFiIsLive #ChineseMemecoinBoom #GateLaunchpadIMU #GateSquareCreatorNewYearIncentives
$HYPE