$HYPE is starting to lose momentum as buyers step back and sellers gain control.



The RSI has dropped to 40, while price is trading below both the 9-day and 21-day moving averages, signaling increasing bearish pressure.
The $52 level remains the key support to watch. As long as it holds, a recovery is still possible.

However, bulls need to reclaim $65 to shift momentum back in their favor.

For now, patience is key. Let the market confirm the next move before making aggressive decisions.

#GOOGLEarningsBeatButStockDrops3% #SummerCreationCamp
HYPE0.17%
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SeaSaltFlavorAirdrop
· 47m ago
The RSI has already hit 40—short-term bears have the upper hand, but don’t rush to bottom-buy; wait for the signals to be confirmed before you act.
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EVMQuickLearner
· 50m ago
Although it’s down, it may be too early to say it has lost momentum—let’s see whether 52 can form a double bottom.
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CycleArchaeologist
· 54m ago
This pullback hasn’t finished yet. Whether 52 can hold is crucial—if it breaks, it’ll be a problem.
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RedGreenJudge
· 1h ago
Technicals are indeed quite weak, but resistance is even stronger above $65; without volume to push through, it’s all for nothing.
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TapeReader
· 1h ago
The trend isn’t looking good—moving averages are all hovering overhead, so going long needs to be cautious.
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