I just checked HYPE and it is currently at $42.38. The interesting thing is that it recently hit $43.58 in the last 24 hours, but remains below that high of $46 that it reached a few months ago. The upward channel formed since December continues to be relevant for analysis. The question is whether it will manage to break through that $46 or if it will retreat at the resistance. With BTC's price moving as it is, the overall market sentiment will be key to see if HYPE can achieve that bullish momentum or get stuck in the resistance zone. Personally, I am monitoring how the market reacts in the coming hours. If you see interesting movements, it's worth paying attention to the confirmations.

HYPE-2.08%
BTC-1.63%
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