HYPE has had a significant move in the past 30 minutes, with trading volume directly surging by 150.3%. Such abnormal volume movements are often not without reason.

Currently, the price is at 24.411 USDT. From a technical perspective, 24.224 USDT is a relatively strong support level, only about 1.20% away from the current price. The entire support zone is distributed between 24.175 and 24.224. Interestingly, the sharp increase in volume usually indicates that the market may be about to start moving, so close monitoring is recommended.

From a trading perspective, you could place a long order near 24.224, with resistance looking towards the upper level at 25.996. The combination of increased volume and approaching support often signals a potential rebound point. Of course, this is just an observation based on current data, and further monitoring is needed to confirm.