HYPE Price Holds Channel as RSI Diverges: Levels to Watch

1 month ago 16

Key Takeaways

• HYPE remains inside its daily channel.
• Daily RSI shows bearish divergence.
• HYPE lost its four-hour 50-SMA.
• $83 combines channel and 100-SMA support.
• $80.51 protects the broader daily structure.

HYPE’s uptrend holds while momentum weakens

HYPE traded near $83.5 on September 8 after falling as low as $81.5, leaving price close to the lower boundary of its daily ascending channel.

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