$HYPE is showing signs of a potential pullback after an impressive rally toward the $96 region.
Currently trading around $83.99, HYPE has lost some short-term momentum, and I’m watching the $78.50–$79.50 demand zone for a possible reaction from buyers.
My expectation is a potential liquidity sweep into this zone before a bullish recovery. If buyers defend the area, HYPE could make another move toward $87–$88, with further upside possible if momentum builds.
However, losing this demand zone could weaken the bullish setup and expose price to more downside. #HYPE #Macro Insights# #DeFi
Currently trading around $83.99, HYPE has lost some short-term momentum, and I’m watching the $78.50–$79.50 demand zone for a possible reaction from buyers.
My expectation is a potential liquidity sweep into this zone before a bullish recovery. If buyers defend the area, HYPE could make another move toward $87–$88, with further upside possible if momentum builds.
However, losing this demand zone could weaken the bullish setup and expose price to more downside. #HYPE #Macro Insights# #DeFi
