🔷️ $HYPE continues to be one of the strongest charts in the market despite the recent pullback. After an aggressive rally, price reached the upper yellow resistance zone and was rejected right at the descending trendline, making this area the key battlefield between bulls and bears. ⚔️

From a technical perspective, the structure remains constructive as long as the green support zones continue to hold. The recent correction looks more like profit-taking after a powerful expansion rather than a complete trend reversal. 📊
What I’m watching closely now is whether buyers can defend the current green support region and build a higher low. If that happens, another attempt toward the yellow resistance zone would not be surprising. A breakout above the descending trendline could significantly strengthen bullish momentum and put the next resistance area back in focus. 👀
For now, the trend remains bullish on the higher timeframe, but short-term volatility should be expected after such a strong move. The reaction around the green support area will likely determine the next major direction.
⚠️ Not financial advice.
#HYPE #Bitcoin #Ethereum #DeFi #Crypto