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$HYPE _ Not recommended to buy right now
The momentum that was driving HYPE independently has started to fade and the coin is now moving in line with Bitcoin again. As long as Bitcoin remains weak and in a downtrend the pressure on HYPE will continue.
RSI is sitting at 28 which is deep oversold territory and MACD is deeply negative with no signs of recovery yet. Price dropped from $75.87 and has not found a strong support level to hold.
Patience is the move here. No need to rush into a trade when the market is not giving a clear signal. Protecting your capital is more important than catching every move.
Wait for Bitcoin to show stability first and then we reassess $HYPE together.
Good luck to all of us 🤍✅
#GrayscaleHYPEETF

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