HYPE has surged to a fresh all-time high near $86.80, directly into the major 0.618 Fibonacci extension around $86.04. After an explosive V-shaped recovery from the $51.14 August low, bulls remain firmly in control.
However, momentum is showing early signs of cooling. RSI reached overbought levels, while StochRSI has started turning lower. Trading volume has also faded near the highs, suggesting buyers may be losing some short-term strength.
If the pullback deepens, the previous ATH around $76.96 becomes the key support zone. Above it, the bullish structure remains intact, keeping HYPE positioned for further upside. $HYPE
HYPERUSDT
Perp
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