$HYPE

HYPEUSDT

Perp

29.35

-1.25%

After the sharp sell-off highlighted in recent news, HYPE is consolidating above the rising trendline coming from the $20.5–21.0 area. Price is currently trading around $29.5, after failing to hold above the $32–33 zone.

As long as HYPE holds above the $27–28 support region and the ascending trendline, this remains a corrective pullback within a broader recovery move. A clean loss of $27 would invalidate the structure and expose a deeper retrace toward $24–22.