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$HYPE came back strong after that deep dip.
Price dropped to around 26.08, and from there buyers pushed it all the way up to 31.52. That’s nearly a 17% move in a short time, and now it’s holding close to 30.8 without giving much back. This kind of recovery usually shows real strength, not just a quick bounce.
Right now, 30 – 31.5 is the key zone. If HYPE stays above this area, another push higher is possible. But if it falls below 29.5, we might see a short cooldown before the next move.
For now, momentum is clearly on the bullish side.
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