$HYPE /USDT — signal estimate for 31.07.2026
The previous large round-bottom pattern has been played out.
Price broke the neckline around $50, triggered a long structure break, and reached the zone:
· $76.50–76.68;
· Fibonacci expansion −0.62.
After that, the market formed:
· a large rounded top;
· a double top within it;
· a descending parallel channel;
· a falling wedge in formation.
The bearish structure has not been invalidated yet.
Nearest logic:
· on top remains the imbalance $57.82–58.98;
· on the bottom there are imbalances $51.20–50.13 and $49.61–48.90;
· the $48.90–52.88 zone is the neckline of the large bullish structure and the main medium-term block.
As long as price is above $48.90, strong rebounds are possible.
After a confirmed close below $48.90, the path opens to:
· $46.91;
· $45.01;
· $44.36.
The $44.36 target is the real potential of the internal double top.
Levels $36.75 and $31.13 relate to the development of the entire large rounded top. They are not the nearest targets and require a consistent breakdown of all intermediate supports.@INVESTIDEAUA