$HYPE — Pullback looks corrective, buyers stepping back in strong 🚀

Long $HYPE

Entry: 28.9 – 29.6

SL: 27.8

TP1: 31.2

TP2: 33.6

TP3: 36.8

HYPE has pulled back in a controlled manner after its recent leg higher, but the dip found solid defense right at the key support zone (~28.5–29.0 area). Selling pressure is visibly fading — volume on the downside is drying up, lower wicks are lengthening with quick recoveries, and buyers are stepping in aggressively to absorb every test of support.

This retracement appears textbook corrective within the broader uptrend: no new lower lows, momentum indicators (RSI/MACD) holding above neutral or curling back up from oversold on lower timeframes, and price respecting the structure without breaking key levels. As long as this base holds firm above 27.8, the bias stays bullish — dips continue to look buyable and the path of least resistance points toward fresh highs.

Watch for a strong reclaim above 30.0–30.5 with pickup in volume to confirm the next impulsive move and accelerate toward these layered targets. Clean R:R setup if support stays intact.

Trade $HYPE here 👇

HYPE
HYPEUSDT
30.86
-3.42%