$HYPE 4H, we are seeing a strong impulse followed by distribution below the 33–35 area. The price is now compressed below a descending trend line and is losing momentum. The 24.5–26 zone is the key technical area: everything will be decided there. A clean reaction could build a base and give room for a new bullish attempt. A net loss, on the other hand, would completely change the picture. This is a transition phase, not one of anticipation. The only thing that matters is where the structure is confirmed.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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