$HYPE is sitting at a critical support zone after a steady 15m selloff.
Price is around $56.85, with buyers defending the recent low near $56.801. The chart shows a clear decline from the $57.645 area, so the next few candles are important.
If $56.80 holds and buyers reclaim $57.13, the recovery could target $57.32 and then the recent high around $57.65.
Buy Zone: $56.80–$56.95
TP1: $57.13
TP2: $57.32
TP3: $57.65
Stop Loss: $56.40
24h High: $58.486
24h Low: $56.400
Current Price: $56.850
24h Volume: 5.99M HYPE
The short-term trend is still under pressure, so I would not chase blindly. The key is simple: hold $56.80, reclaim $57.13, and then watch for stronger momentum.
$HYPE is at the decision point. One solid bounce could change the short-term picture quickly.
Price is around $56.85, with buyers defending the recent low near $56.801. The chart shows a clear decline from the $57.645 area, so the next few candles are important.
If $56.80 holds and buyers reclaim $57.13, the recovery could target $57.32 and then the recent high around $57.65.
Buy Zone: $56.80–$56.95
TP1: $57.13
TP2: $57.32
TP3: $57.65
Stop Loss: $56.40
24h High: $58.486
24h Low: $56.400
Current Price: $56.850
24h Volume: 5.99M HYPE
The short-term trend is still under pressure, so I would not chase blindly. The key is simple: hold $56.80, reclaim $57.13, and then watch for stronger momentum.
$HYPE is at the decision point. One solid bounce could change the short-term picture quickly.