$HYPE is pulling back after reaching the $86 – $88 area, with price now sitting around $83.36. The broader 1H structure still shows higher highs and higher lows, but the latest candles are losing momentum.
The first support zone sits around $80 – $81, while a deeper demand area is visible around $77 – $78. On the upside, $86 – $88 remains the key resistance area, with the next zone around $89 – $91 if buyers regain control.
A hold above $80 – $81 could set up another push toward $86 – $88 and potentially higher. If that support fails, the chart leaves room for a deeper retracement toward $77 – $78 before buyers attempt another recovery.
#HYPE #Macro Insights# #Crypto
The first support zone sits around $80 – $81, while a deeper demand area is visible around $77 – $78. On the upside, $86 – $88 remains the key resistance area, with the next zone around $89 – $91 if buyers regain control.
A hold above $80 – $81 could set up another push toward $86 – $88 and potentially higher. If that support fails, the chart leaves room for a deeper retracement toward $77 – $78 before buyers attempt another recovery.
#HYPE #Macro Insights# #Crypto
