$HYPE ‌Market Update & Short-Term View

The token has been under pressure after touching the 31+ zone, pulling back toward the 28 area before showing a small recovery. On the 1H chart, the price is still below most moving averages, which confirms a short-term downtrend. MACD is trying to flatten out, showing early signs of momentum slowing. RSI is sitting in the mid-range, meaning neither overbought nor oversold right now.

To refine the outlook, I checked different timeframes:

1H timeframe: trend still weak but stabilizing.

4H timeframe: momentum still bearish, but candles are trying to form a base near recent lows.

Short SMA vs long SMA: price is still below key averages but slowly tightening, often a sign of a possible upcoming move.

Future Expectation (Personal Opinion Only, Not Financial Advice)
If the price can stay above the recent support area, we may see attempts to retest the 30–31 zone again. If it fails to hold support, another dip toward recent lows is possible. I’ll keep watching volume and short-term MA crossovers to confirm direction.