Trader Tim is monitoring HYPE for a potential rebound after the cryptocurrency breached its previous week's low, aligning with Monday's session low. Currently trading near $29.77, HYPE is positioned above key levels at $29.49 and $28.87. Tim's speculative long setup hinges on a confirmed shift in market flow, with potential targets at $33.50 for partial exit and $38.48 for a full exit. The setup remains conditional, as Tim awaits signs of strong demand and a shift in market trend before executing any trades. The current resistance around $30.13 could influence entry decisions, with volume and price structure playing critical roles in confirming a reversal. Tim emphasizes the speculative nature of this setup, advising caution and risk awareness.