$HYPE daily showing signs of exhaustion despite bullish weekly trend. ⚠️
Weekly momentum stays bullish above uptrend & $51.00 zone.
Daily tells a different story: double top & rejection on SSB at $58.00, upper resistance $59.50-60.00.
Not fully convinced this is a clean ascending triangle - H4 may take time before any real break.
Sideway phase ongoing. In my opinion, $53-54 gets revisited next (bearish from current levels). 📉
Levels in chart.
#hype #Hyperliquid
Weekly momentum stays bullish above uptrend & $51.00 zone.
Daily tells a different story: double top & rejection on SSB at $58.00, upper resistance $59.50-60.00.
Not fully convinced this is a clean ascending triangle - H4 may take time before any real break.
Sideway phase ongoing. In my opinion, $53-54 gets revisited next (bearish from current levels). 📉
Levels in chart.
#hype #Hyperliquid