$HYPE ‌HYPE Market Update (1H Chart View)

Price is sitting around $30.70 after a steady pullback from the recent $32+ zone.
Short-term momentum indicators (EMA/MACD/RSI) still show a slow recovery attempt, but sellers remain active near the $31 area.

What I’m watching next:

If price holds above the $30.40 – $30.60 support range, a small bounce toward $31.20 – $31.50 is possible.

Breaking below $30.40 may push the trend into another dip.

On the 4H timeframe, market is still in a cooling phase but losing downside strength — early signs of a potential base forming.

My outlook:
Market is still in correction mode, but pressure is slowly easing. A short-term relief move can come if volume picks up from this zone.