#cryptotradingpro

🚀 HYPE Price Update: Eyeing $50 Breakout? 📈

$HYPE is rebounding from $37 support, now testing $39-$40 resistance. 📊 Buyers are stepping in, with market cap recovering to ~$12.9B after dipping to $12.3B. Circulating supply remains stable at ~333.6M tokens, showing demand is driving the V-shaped recovery. 💪

🔑 Key Levels to Watch:

• Bullish Case: Break above $40-$41 could target $42-$44, with $50 in sight if momentum holds.

• Bearish Risk: Drop below $37 may test $35 or $32-$33.

📅 On the 4H chart, RSI ~50 signals shifting momentum, but HYPE remains below the 100-day MA ($42.4) and descending trendline. A clean break above $41 is critical for bulls. 🐂

Analyst @astekz is long, targeting $50 with a 3:1 reward setup. Are you riding this wave? 🌊