$HYPE / USDT — Heavy Selling Wave Hits the Market
HYPE is trading around $81.774, down a significant 6.72%, with approximately $25.94M in displayed market activity. This is the strongest decline in the current list, showing that sellers have taken firm control of the short-term trend. The $80 area is now a critical psychological support. If that level breaks decisively, downside momentum could accelerate toward lower zones.
Potential Short Entry:
$81.70 – $83.00
Downside Targets:
• TP1: $80.00
• TP2: $77.50
• Extended TP: $74.50
Protective Zone:
Stop-Loss: $85.50
A recovery above $85.50 would weaken the bearish setup.
Market Bias: Short-Term Bearish
HYPE remains under strong pressure, and buyers need to reclaim $84–$85 to show that the selling wave is losing strength.
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