HYPE is signaling a potential breakdown scenario. If the support level breaks, we could be looking at a test of the $20 range. The selling pressure suggests this level is worth monitoring closely for traders positioning themselves ahead of further downside moves.

HYPE-3,98%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
SelfMadeRuggeevip
· 1h ago
Hey $20 , can this level really be defended? It feels like it's about to break.
View OriginalReply0
MissedTheBoatvip
· 6h ago
20 bucks, then I need to cut my losses quickly. Since the loss isn't too much, I can still get out.
View OriginalReply0
DeFiGraylingvip
· 6h ago
Once it breaks below, it depends on the 20, the bears are a bit fierce.
View OriginalReply0
CounterIndicatorvip
· 6h ago
Look at this breakout signal... If it really drops to 20 dollars, the bears should be laughing.
View OriginalReply0
LiquidationWatchervip
· 6h ago
If the 20 level really breaks, this wave of shorts will be comfortable, so keep a close eye.
View OriginalReply0
SignatureVerifiervip
· 6h ago
yeah... support levels breaking are cool and all, but has anyone actually *validated* the data feeding these signals? ngl, the $20 projection feels statistically improbable without proper auditing of the underlying metrics
Reply0
BrokenDAOvip
· 6h ago
It's the same old story, monitoring support levels breaking and then waiting to trap people into entering... This narrative plays out in every cycle, it's really interesting.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt