HYPE is navigating a volatile phase with bearish pressure under the 50-day MA and price near the lower Bollinger Band support zone of $31.50. A decisive break below this could signal deeper losses toward $29–$30. Conversely, a strong bounce reclaiming $41 could trigger a bullish recovery. Traders should watch volume and confirmation signals alongside Bollinger Band behavior to gauge the next major move. Risk-management is essential in this choppy environment.
This synthesis draws on recent technical insights including moving averages, RSI, MACD, Fibonacci levels, and the expanded Bollinger Bands signaling volatility and key support/resistance zones