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🔥 $HYPE — Trade Analysis
Overview: HYPE is a DeFi-focused token showing high volatility and speculative interest.
Price: ~$28.6
Trend: Strong bearish continuation 📉
Technical Levels:
Support: $28.0 – $26.5
Resistance: $31.5 – $34.0
Indicators:
RSI: Deep oversold
MACD: Strong bearish momentum
EMAs: Heavy downside pressure
Trade Plan:
Entry: $27.5 – $28.6
Targets: $31.5 / $34.0
Stop Loss: $25.8
R:R: ~1:3
Outlook:
Short-term: High-risk bounce
Long-term: Needs trend reversal confirmation
Sentiment: Capitulation zone forming
$HYPE
#GoldBreaks$5,500 #GateLiveMiningProgramPublicBeta #FedKeepsRatesUnchanged #MiddleEastTensionsEscalate