Technical analysis by Mike-BTD about Symbol HYPE on 11/28/2025

HYPE just lost its mid-range support and is now tapping a major high-volume node on the VPVR. This zone is historically where buyers stepped in, but structure hasn’t confirmed a reversal yet. 🔻 Momentum: Multiple overbought rejections on the oscillator + MACD still crossing down. 🔻 Trend: Breakdown from the rising channel + failure to hold EMAs. 🟧 Current Zone: Price is sitting inside a heavy demand block, but weakness persists. 🟩 Bull Case: Watch for a clean market structure shift (higher low + higher high) before calling the bottom. Without confirmation, this can easily drift lower into the next liquidity pocket. 🟥 Bear Case: A rejection at this level sends HYPE into the deeper value area below. There’s not much volume support until the lower yellow band. 📌 Summary: This is a high-interest zone, but not a high-confidence one yet. Wait for structure. Let the reversal prove itself.