Technical analysis by Goldfinch_song about Symbol HYPE: Sell recommendation (8/4/2025)

Local breakdown confirmed after losing support, with no clear reversal signal yet. Structure favors a continued move lower toward the equal lows around 30.64. Momentum is still to the downside, so no reason to anticipate a bounce early. Plan: • Main target: EQ lows zone (~30.64) • If monthly S/R at 28.45 doesn’t hold, further downside opens up • No long setups until a reaction and reclaim of a key support