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$HYPE UP 2.4% – SUPPORT ZONE SPARKS A BOUNCE!"
HYPE is up 2.36% today, climbing to $60.637 after bouncing from $59.50 yesterday. The 4-hour chart shows a bullish hammer candle at support – a classic reversal signal. RSI has moved from 38 to 48, signaling momentum recovery.
Resistance sits at $61.50 and $63. If HYPE breaks above $61.50, I'd expect a move toward $63. Support is now at $59.50 – a break below would retest $58.
The bounce is still young, but the structure is improving.
#PreIPOsSeason2OpenAISubscription #GateDEXIntegratesWithRobinhoodChain #TSMCQ2NetProfitSurges77%