$HYPE Tests Make-or-Break Support
HYPE trades near $84.60 after slipping under the $85.19 level. 📉🔥 Volume hit $1.1B, so sellers meant business. 📊⚡ A head-and-shoulders top on the 12-hour chart points to $62, then $59. 🎯🐻 That target only activates if price closes below the $76–$78 neckline. 🔒⚠️
Buyers are watching $80–$82 as nearby support. 🛡️📈 A token distribution on November 6 adds pressure. 🪙😬 Reclaiming $85 reopens $93–$97. 🚀💪 My take: $60 is a real risk, not a base case, until that neckline breaks.
#trading #cryptouniverseofficial
$HYPE
HYPE trades near $84.60 after slipping under the $85.19 level. 📉🔥 Volume hit $1.1B, so sellers meant business. 📊⚡ A head-and-shoulders top on the 12-hour chart points to $62, then $59. 🎯🐻 That target only activates if price closes below the $76–$78 neckline. 🔒⚠️
Buyers are watching $80–$82 as nearby support. 🛡️📈 A token distribution on November 6 adds pressure. 🪙😬 Reclaiming $85 reopens $93–$97. 🚀💪 My take: $60 is a real risk, not a base case, until that neckline breaks.
#trading #cryptouniverseofficial
$HYPE
