$HYPE is showing a short-term bearish reversal within the broader bullish structure, with rejection from the 94.88 high and lower highs forming on the 1H chart. Price is consolidating near 91.54 after sharp selling, with 90.66 as key support and 92.31–93.23 acting as resistance; a break below 90.66 would increase downside continuation probability.

EP 91.50–91.70
TP 90.70 / 89.90 / 88.80
SL 92.40

The bearish setup remains valid while price stays below 92.31, with a sustained break above that level invalidating the setup.