$HYPER currently has a market cap of 33.16M, and community sentiment is positive. The latest data shows that out of 7000 votes, 79% are bullish, but the technical indicators reveal another layer of signals.

From the SC02 M1 level, there is a pending short order, with the entry point exactly near a high volume node (HVN), forming a positive simplified pattern with the previous profitable short orders. Based on this logic, setting the stop loss around 0.80% is more reasonable.

A deeper issue is that the downtrend has already run through its 78th cycle, with amplitude declining to −4.06%, a typical sign of exhaustion. This may indicate that the short-term correction is nearing its end, but caution is needed against false breakouts. Traders should be especially cautious at this stage and wait for confirmation signals before taking action.