HYPE RALLIES 22%+: OVERBOUGHT & FACING RESISTANCE! 🚨
- $HYPE has rallied a significant 22.65% in the last 24 hours, reaching approximately $33.97.
- Both the 1-day RSI (71) and 4-hour RSI (90) indicate highly overbought conditions.
- Strong immediate resistance is identified between $34.89 and $36.00.
🟢 Support Zone: $30.00, $25.80
🔴 Resistance Zone: $34.89, $36.00
⚖️ Bias: Short
The token has experienced a significant 22.65% rally in 24 hours, pushing its RSI into highly overbought territory with immediate strong resistance levels, indicating a high probability of a short-term pullback or consolidation.
With HYPE's RSI deep in overbought territory and hitting key resistance, do you expect a pullback or a power-through? 👇
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HYPEUSDT
Perp
29.89
+0.79%