$HYPE is starting to slow down after that strong push toward $43.7, and right now the chart is showing clear short-term pressure. 👀

On the 30m timeframe, price dropped from the local high near $43.710 and sellers keep defending every bounce. The important support zone is sitting around $40.8 — that’s where buyers stepped in earlier and created the latest rebound.

Right now I’m watching this range very carefully:

📍 Support: $40.80 – $41.00
📍 Resistance: $42.20 – $42.40

If HYPE holds above support and volume comes back, buyers could attempt another move toward $43+ again. But if $40.8 breaks with strong candles, the market may see a deeper flush before recovery.

The interesting part is that volatility is still high while volume remains active. That usually means a bigger move is loading soon. Traders are fighting hard in this zone and the next breakout could be explosive.

For now, patience matters more than emotions. I’m watching for confirmation instead of chasing candles.

HYPE still looks strong overall, but this area decides whether bulls regain control or bears take over the short-term trend. 🚨

$HYPE ‌

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