🚀 $HYPE Market Analysis & Next Move
💹 High: 38.48
💰 Current Price: 28.776
📉 Trend: Bearish / Pullback
🔴 Price Action:
HYPE has retraced significantly from its recent high of 38.48 and is now moving at the level of 28.7. This indicates a drop of ~25%+ and short-term selling pressure is clearly visible.
🟢 Support Zones:
28.0 – 27.5 → this level can stabilize now
If this breaks → downside can happen to 25–26
📈 Next Move / Strategy:
If price holds above 28.0 → bounce towards 32–33 possible
If price breaks 27.5 → further downside expected
For high volatility, using a small position and low leverage will be safer
⚠️ Warning: Trend reversal has not been confirmed yet. Wait for a structure of higher lows + higher highs before taking long positions.
