$HYPE is trading at $28.76 after a 7% drop today, retesting critical $29–30 support with RSI deeply oversold at 29 and an early bullish MACD histogram crossover forming. Price remains below all major EMAs in a short-term bearish trend, but the dip is showing exhaustion signs and whale accumulation. Key levels to watch: hold $29 for a potential bounce to $38–50, or break lower for $24–26. Short-term bias is 60% bearish until $38 resistance clears, yet the risk/reward favors buying the $26 zone or waiting for confirmed reversal strength. DYOR.
