2026-01-17 16:31:33

HYPE's recent trend is quite interesting. After rebounding from the low of 21.029, it has now stabilized above the short-term moving averages, with a 24-hour increase of 2.83%. It looks like the short-term bullish momentum has returned.

From a technical perspective, HYPE has broken through MA5 (25.387) and MA10 (24.990), both of which are providing support below. More importantly, the previous low at 21.029 is a strong support level, with plenty of buy orders waiting below.

The market is also quite active—24-hour trading volume remains high at 86,84.49 million USDT, indicating strong market participation.

If you want to go long now, here’s a suggested approach:

✓ Entry zone: 25.00-25.70
✓ Stop loss: 24.50 (exit if it breaks this key support level)
✓ First target: 26.80
✓ Second target: 27.50

Overall, the short-term bullish momentum is recovering, but strict stop-loss enforcement is essential. Risk management should always come first.

HYPE1,9%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

9 Likes

Reward
9
4
Repost
Share

Comment

0/400

GamefiHarvester

· 20h ago

HYPE's rebound this time is quite interesting, but I think the 25-dollar level is a bit high. Waiting for a pullback to 25 would be more solid.

View OriginalReply0

HypotheticalLiquidator

· 21h ago

The trading volume is so high... It always feels like something is going to happen. When funds are active, it's often the most dangerous time. Don't just look at the support level; before 26.80, it might not be safe to break even, and the liquidation price could be closer than you think. Are you still relying on MA5 and MA10? How did that work out last time you said that... A 2.83% increase looks comfortable, but when it drops, it can come back five times faster. Do you really dare to leverage? Stop loss at 24.50. In my opinion, this position is not safe at all; systemic risk hasn't been accounted for.

View OriginalReply0

SelfRugger

· 21h ago

Hey, wait a minute. Can the 21-dollar low really hold up? It feels like we might need to test it again later.

View OriginalReply0

LayerZeroJunkie

· 21h ago

Hmm, this HYPE rebound looks pretty good, but I still think it's better to be cautious. Are the bulls back? We'll see if they can hold the 24.50 level first. The 86 million volume is indeed active, but I'm worried it might be just a fleeting moment again.

View OriginalReply0