$HYPE ‌Price just dipped hard to the 27 area after failing near 30. Short-term momentum looks weak, but selling pressure is slowing down.

What the chart shows

1H view: Strong drop, RSI is deep oversold → bounce is possible.

Momentum tools: MACD & KDJ still bearish, but starting to flatten.

Volume: Spike on the drop = panic selling, often seen near local bottoms.

Simple outlook

Short term: A relief bounce toward 28.5 – 29.2 is possible if buyers step in.

Mid term: If price holds above 27, range recovery toward 30 can happen.

Risk zone: Losing 27 may open another leg down.

This is just a personal market view, not financial advice. Market can move fast — manage risk and trade your own plan.