Price has been slowly pulling back after touching the upper zone around 36+. Most candles are sitting under the short MAs, showing sellers keeping light pressure on the chart. Momentum indicators like MACD and RSI are also pointing down but not too aggressive, which usually means the move is more of a cooldown than a heavy dump.
If the price can hold above the lower 32–33 support area, a small bounce or range movement is possible. If it breaks below that zone, the trend may extend a bit lower before stabilizing again. Just sharing a personal view — not financial advice.
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$HYPE Market Update – HYPEUSDT (1H)
Price has been slowly pulling back after touching the upper zone around 36+. Most candles are sitting under the short MAs, showing sellers keeping light pressure on the chart. Momentum indicators like MACD and RSI are also pointing down but not too aggressive, which usually means the move is more of a cooldown than a heavy dump.
If the price can hold above the lower 32–33 support area, a small bounce or range movement is possible. If it breaks below that zone, the trend may extend a bit lower before stabilizing again. Just sharing a personal view — not financial advice.