HYPE Market Update

Price is trying to stabilize around the 31 zone after a long pullback. On the short-term chart, the token is showing small bullish attempts and the indicators are slowly turning upward. If this momentum holds, a push toward the next resistance area could happen.

Looking at a bigger timeframe, the downtrend has started to slow down. Momentum indicators are flattening out, which usually suggests the market is preparing for either a recovery bounce or a consolidation phase before choosing direction.

Short-Term Outlook (1H):
If buyers keep stepping in above the 30.8–31 support, a gradual climb toward 31.5–32 becomes possible.

Mid-Term Outlook (4H):
Trend is still soft, but if price stays above the recent lows, a trend-reversal attempt may form. Watching volume and RSI will help refine the next move.

This is just a personal market view, not financial advice. Trade safe.$HYPE ‌