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$HYPE is showing short-term bearish pressure after failing to hold above the 40.50 resistance area on the 15m chart.
Price is still forming lower highs while sellers continue controlling the momentum.
EP
40.15 - 40.35
TP
TP1 39.95
TP2 39.60
TP3 39.20
SL
40.75
The bounce from 39.84 support looks weak so far, and buyers are struggling to build strong recovery momentum.
If HYPE drops below 40.00 again, another fast sell-off toward lower support zones could happen.
Short-term trend remains bearish unless buyers reclaim the 40.50 area with strong volume and momentum.
$HYPE
#GateSquareMayTradingShare
#MicronTechnologyPlungesFromHighs