>>41696115GF did Hypno dirty by making Wish and Belly Drum only available via an event back in the GBA days. Without either/or, it's almost completely outclassed by Musharna, a Pokemon with way better bulk (116/85/95), 34 more points in Sp.A, can be ran as a Trick Room abuser, and an (arguably) better ability with Synchronize since if it gets poisoned you can Heal Bell it off. Hell, Musharna gets Moonlight AND Pain Split while Hypno needs Drain Punch/Dream Eater for recovery.
I would've double down on Hypno's bulk and made Wish available via tutor or breeding and give it with Recover or Morning Sun/Moonlight. -12 speed, throw 5 into HP and the rest into defense and give it 10+ more HP, turning its bulk into 100/77/115. This beefs up Hypno's bulk significantly and makes its Wishes heal 202 HP with full investment and the rest can be thrown into defense. Since this thing still has zero hope of any action beyond maybe RU, its bulk and typing combination wouldn't be too degenerate. 70% Hypnosis would be too much unless you dropped the PP down to 15, but by that point, it should just be 75% to tie it with Sleep Powder.