@chikao.eth

🔥 $HYPE Market Outlook $HYPE looks fragile. The token is down nearly 30 percent this month and the daily trend is firmly bearish. Price is sitting below the 10 day EMA and momentum indicators are accelerating downward. Bulls are still piling in, but the chart says otherwise. Key signals: • RSI at 38 and trending lower • MACD deeply negative and expanding • Open Interest falling as price drops which confirms conviction is fading • Long short ratio 1.79 which is dangerously high and primed for a long squeeze • Price rejected at 35.99 and testing support at 30.49 The setup: if 30 breaks, the next leg down begins. The crowd is leaning long while the trend is pointing down, a perfect setup for forced liquidations. Everyone thinks HYPE will go up, but the chart says it wants to go down. If support fails, holders get squeezed. This is not a dip you blindly buy.

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