$HYPE looking heavy here, downside next ??HYPEUSDT SPOTBYBIT:HYPEUSDTcoinpediamarketsLet’s analyze HYPEUSDT on the 1-hour timeframe. As we can see, the market previously showed strong bullish momentum, forming higher highs and higher lows, which confirmed strong buying pressure and overall buyer dominance. However, here we notice a change of character (CHoCH), where the market structure shifted as sellers stepped in and pushed the price lower. This indicates weakening bullish momentum and the beginning of potential bearish pressure. After this structure shift, price moved below the 20-period EMA and is now approaching a key supply zone where sellers are expected to take control. This supply zone around the $31.10–$31.70 area represents strong resistance and a high-probability rejection zone. If price reacts from this resistance and shows strong selling pressure, we could see bearish continuation toward lower support levels. Now, if price rejects this supply zone, we can expect a move toward the $30.20 support level, followed by a potential drop toward the $28.76 zone. However, if price breaks above the supply zone and holds strong, the bearish setup becomes invalid and bullish continuation could follow. So overall, the market structure is shifting bearish after the CHoCH, but confirmation depends on price rejecting the key supply resistance. Here’s the game plan: The Short Trigger: If price rejects the $31.10–$31.70 supply zone, I’m looking for a move toward $30.20 support. The Expansion Target: If selling momentum continues, the next downside target sits around $28.76. The Invalidations: A strong breakout above $31.76 resistance would invalidate the bearish setup and signal potential upside continuation.