1 hour ago
3
Key Takeaways
- HYPE remains inside its rising four-hour channel.
- 50- and 100-period averages still support price.
- Daily dragonfly doji awaits confirmation.
- Bearish RSI divergence suggests weaker momentum.
- Latest record breakout remains unconfirmed.
- $89.6 remains the main upside test.
The weekly breakout faces its confirmation test
The weekly chart shows HYPE maintaining its broader advance inside a rising channel. Price has moved decisively above the resistance near $76.8, although the latest push to a record high has not secured full confirmation.
The earlier breakout to a record high near $90 initially turned $86-$87 into the nearest support. HYPE has since slipped below that area, making it the first zone buyers need to reclaim.
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