$HYPE is cooling off after the rejection from $62.47, but the structure still looks healthy. Price is holding above the recent support zone and attempting to bounce.

Support: $57.5-$58.0

Targets:

1. $60.8

2. $62.5

3. $65.0

As long as $57 holds, this looks like a normal pullback within the trend. A breakout above $62.5 could start the next leg higher.

Always manage your risk and DYOR.