$HYPE Descending Channel Test – Rebound or Breakdown Ahead?

HYPEUSDT HYPE Descending Channel Test – Rebound or Breakdown Ahead?

HYPER's probing the 35.5 support in this tight descending channel after a quick dump, with volume picking up on the hammer candle—early bullish reversal vibes.

Hold here for breakout above 43k resistance targeting 48k; crack it and we dip to 32k.

Watching RSI at 42 (rising from oversold), MACD zero-line test, and OBV stabilization.

High volatility play! ⚡📉

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