Hang Seng trapped in double-top range: Hourly levels

The article is a technical analysis update on Hong Kong 50 (Hang Seng) showing the index trapped in a tight consolidation range after a strong rally. Price is caught between short-term resistance around 25,950-26,204 and support near 25,700, with a possible double-top forming at 26,204. Momentum has weakened as RSI faded to 54 and MACD turned bearish, while volume has dried up, suggesting a larger move is imminent. Despite near-term caution, the broader trend remains intact because the index is still above the 200-period SMA and inside an uptrend structure. Traders are watching for a decisive break below 25,700 for downside continuation or above 26,204 for breakout confirmation.