HYPE has recovered strongly from the 76.60ā77.00 support zone and is now approaching the descending trendline and nearby resistance around 80.00ā80.50. Price is attempting to reclaim the moving-average area, making the next breakout or rejection important.
š¦ Support Zone: 76.60ā77.00
š¢ 1st Resistance Objective: 83.00ā83.20
š¢ 2nd Resistance Objective: 87.00ā87.20
š Bias: Bullish recovery, with resistance confirmation still needed.
A clean breakout and hold above the descending trendline could strengthen the recovery toward 83.00ā83.20, followed by the 87.00ā87.20 resistance area. If price is rejected around the current resistance, the 76.60ā77.00 zone remains the key support area to monitor.

HYPEUSDT
Perp
81.69
+4.01%
