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$HYPE is under sustained distribution pressure, with sellers firmly in control. However, price is approaching a major support shelf where reactions have historically occurred.
Support: 22.40 – 21.60
Resistance: 25.20 – 27.80
Entry Point (EP): 22.60 – 23.20
Targets:
TP1: 25.20
TP2: 27.80
TP3: 31.50
Stop Loss (SL): 20.90
Outlook:
$HYPE remains risky until support proves itself. A strong defense of 22.40 would be the first signal of potential reversal.$HYPE