HYPE Market Direction

• Next Support: $22.60
• Next Resistance: $25.00
• Direction: Bearish
• Upside Target: $27.00
• Downside Target: $21.47

HYPE is extremely overbought on the daily, and price action is starting to show signs of exhaustion. We’ve likely run out of immediate upside momentum, and a short-term retrace feels probable. A move toward $22.60 support is on the cards, with potential for $21.47 if weakness accelerates. We remain bearish over the coming days while watching for reaction at the next support.