HYPE Outlook — September 29–October 1, 2026HYPE / Tether PERPETUAL FUTURESMEXC:HYPEUSDT.Psean78808HYPE’s strong weekly advance has met a steep short-term selloff from the upper 90s. At time of writing, price stands around 87.13, off the 86.3–86.5 low but still below nearby resistance. A bounce is possible at this juncture. For a bona fide reversal, however, some levels will have to be reclaimed. KEY LEVELS •86.3–86.5: Immediate low and downside decision. •87.2–87.5: First reclaim test. •88.2–89: Former trading area and stronger resistance. •84–84.5: Potential Support should 86.3 be lost. WHAT TO WATCH FOR: A bounce that fails circa 87.5 and 88.2 favoring another test of 86.3–86.5. A completed beneath below said low, followed by a failed retest. Such would bring 84–84.5 into view. For a more convincing recovery, look for a move back to 87.2, a defended higher low, and then a test of 88.2–89. The larger weekly uptrend is a reason to reassess bearish trades at the first support reached. Wednesday’s PCE release could amplify both a selloff and a short-covering rally. A brief spike through a level is less useful than a level that holds afterward. NOTATAS BENE: Downside Decision: The green dotted line marks at 86.3. Reclaim/Retest: The red dotted line at 87.5. Supply: The red shaded band circa 88.2–89. MA’S FAST KAMA (10,2,30): PURPLE SLOW KAMA (10,5,30): PINK The cross down of the former under the latter on the 4H is significant.