$HYPE Huge night-session volume pushed it to 87.98, then it pulled back
A 173M candle at 22:00 drove it straight to 87.68. At 23:00, it retested the daily high of 87.98, with RSI nearing 69. OI notional peaked at 382M before falling back to 376M, and volume is clearly fading.
Price is now hovering around 86.5. The narrative that it’s still 17% below its historical high is all over the feed, but this is a short-term bounce, not a new trend. Don’t chase unless it holds above 87. If it breaks below 85.5, this premium will likely be all but gone. Compare with $BTC .
Not investment advice
#HYPE down 17% from its historical high
A 173M candle at 22:00 drove it straight to 87.68. At 23:00, it retested the daily high of 87.98, with RSI nearing 69. OI notional peaked at 382M before falling back to 376M, and volume is clearly fading.
Price is now hovering around 86.5. The narrative that it’s still 17% below its historical high is all over the feed, but this is a short-term bounce, not a new trend. Don’t chase unless it holds above 87. If it breaks below 85.5, this premium will likely be all but gone. Compare with $BTC .
Not investment advice
#HYPE down 17% from its historical high
