$HYPE is losing momentum after the 38.5 rejection, and right now this still looks more like a weak bounce than a clean move higher.

Short $HYPE : Entry 36.5-37

Stoplioss 37.8

TP target take profit : 35.8 - 35.3- 34-32

Short analysis:

On the 1H chart, HYPE failed to hold the upper range after rejecting near 38.5. Price is now sitting below the MA25, while the MA99 underneath is the next support layer. That keeps downside pressure alive. The key area to watch is 36.9–37.3. If buyers cannot reclaim that zone cleanly, pullback risk stays on the table, with 35.8 as the first support to watch.

Shorter version:

$HYPE still looks weak after rejecting from 38.5.

If price stays under 36.9–37.3, this bounce still looks fragile and pullback risk remains active.

HYPE
HYPEUSDT
37.04
-2.74%