$HYPE ‌Current Price: $34.594

Direction: Bearish

Reasons:

1. Main funds appear to be exiting, 24H +5.90% is attributed to short-term profit-taking, lacking sustained capital support, increasing short risk.

2. 1-hour MACD (9,26) bullish momentum bars are narrowing, a death cross is imminent, and the short-term trend is shifting from strong to weak.

3. RSI(14) is at 68, approaching the overbought zone, showing signs of turning downward, bullish momentum is weakening, and there is a need for a pullback.

4. Price is diverging from capital inflow (price increase without capital follow-up), volume is gradually shrinking, confirming that the upward trend is unsustainable.

Support levels:

1. $33.20 (MA20 moving average support)

2. $32.50 (Fibonacci 0.618 support)

Resistance levels:

1. $35.80 (24H high)

2. $36.50 (recent consolidation resistance)

Suggested take profit: $33.20, stop loss: $35.80