Crypto Analyst Buys HYPE Token Under $34, Targets $28 Support As Bearish Trend Continues

A cryptocurrency analyst has revealed purchasing HYPE tokens below the $34 price level while monitoring the $28 support zone as the ongoing downtrend persists. The analyst described the acquisition as "nibbling" - indicating small, cautious position building during market weakness. Technical analysis suggests continued bearish pressure on HYPE price action, with the $28 region representing a critical support level that could determine future price direction. Market participants are closely watching these key levels for potential entry points or further downside confirmation in the current crypto market environment.