2026-01-10 06:22:25

HYPE currently exhibits a clear bearish structure. On the four-hour chart, the short-term moving averages are forming resistance, with MA5 at 26.052 having evolved into a strong resistance level. Any rebound is unlikely to break through this barrier.

The MACD golden cross appears weak, lacking upward momentum. The RSI indicator is only at 35.7, still struggling within the weak zone, with a complete and orderly downward structure.

The current price of 24.415 can directly open a short position, with the first target focusing on the previous low support at 24.224. Once this level is broken, the space will continue downward. The rebound process is the best time to short—don't wait, participate directly.

HYPE-1,96%

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POAPlectionist

· 2h ago

ma5 is indeed stuck, I followed this short position, waiting for it to break 24224

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GigaBrainAnon

· 3h ago

Why hesitate with such obvious shorts? Just go for it.

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degenonymous

· 01-10 06:50

It's so obvious that the bears are rebounding, hilarious. Going directly short won't lose.

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SneakyFlashloan

· 01-10 06:50

Another short trap, right? I'm tired of these signals. MA5 suppression, RSI at low levels, and then what? Last time I analyzed it like this, I was directly reversed and liquidated. Aren't you going to learn from the lesson?

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RektRecorder

· 01-10 06:50

Short sellers are so obvious, this 26 level really can't be broken through, I can see that --- RSI is only 35.7, it's about to drop further, going short directly is no problem --- Rebound and then drop, don't hold back, this wave should have no suspense --- Once it breaks 24.224, it's time to run, who is still hesitating --- The moving averages are pressing down so hard, those going long are probably going to lose big --- The short structure is so complete, I'm curious to see how high it can rebound --- What does a weak MACD indicate? It just means no strength, short positions indeed should follow

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OnchainFortuneTeller

· 01-10 06:49

The short-term structure is so clear, with MA5 pressing down tightly. Every rebound gets crushed. Enter the market, everyone.

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