$HYPE is rolling over after a parabolic spike, signaling a classic distribution-to-continuation breakdown

45m chart shows sharp rejection from 38.4 high, bearish EMA crossover, price trapped below EMA25/99 with weak bounces, confirming momentum exhaustion and range compression before continuation.

SHORT 33.20 - 33.80

TP1 32.00, TP2 31.20, TP3 30.40

🛑 Stop Loss 34.90

Downside favored while price holds below 33.8–34.0 and fails to reclaim key EMA resistance with volume.

#HYPE #Perp #Bearish

Trade HYPE👇

HYPEUSDT

Trajne ter. pog.

34.86

+4.90%