$HYPE showed buyers still have strength, but this pullback is testing how much momentum they can actually hold.
After bouncing from $74.41 and pushing close to $89, price has retraced to $83.60. The broader recovery remains interesting, with daily Supertrend support at $75.21, but buyers need to defend the current structure.
Key levels to watch:
Support: $83.35, then $77.15
Major support: $75.20
Resistance: $88.20, then $89.07
A reclaim of $88 could bring the recent highs back into focus. For now, holding above $83.35 is important to keep the recovery intact.
HYPE has made a strong comeback. The next move depends on whether buyers can turn this pullback into another opportunity.
#HYPE
After bouncing from $74.41 and pushing close to $89, price has retraced to $83.60. The broader recovery remains interesting, with daily Supertrend support at $75.21, but buyers need to defend the current structure.
Key levels to watch:
Support: $83.35, then $77.15
Major support: $75.20
Resistance: $88.20, then $89.07
A reclaim of $88 could bring the recent highs back into focus. For now, holding above $83.35 is important to keep the recovery intact.
HYPE has made a strong comeback. The next move depends on whether buyers can turn this pullback into another opportunity.
#HYPE
