Technical analysis by RTED_Investing about Symbol HYPE: Sell recommendation (12/4/2025)

HYPEUSDT fulfilled the previous idea perfectly. Price is now testing the 38 zone, where the descending trendline and horizontal resistance create a strong confluence. This level has repeatedly capped rallies since November. Despite a recent bounce from a double-bottom, the overall structure remains bearish while price trades below the broader channel. Momentum is fading into resistance, with consolidation hinting at exhaustion rather than breakout. If sellers regain control here, the next move could target the 30 support zone — a key demand area where downside continuation may pause. ➡️ Primary scenario: rejection from 38 → continuation toward 30. ❗️ Risk scenario: a strong close above 38 may shift momentum and open upside toward 43–45.