HYPE Price Action Shows Potential for Reversal, Supported by Strong Buyer Response

HYPE maintains strong support levels despite recent price fluctuations. Frequent buying activity reinforces the expectation of a potential double-bottom reversal on major timeframes. This is evident in its recent price action, approaching the 35–36 resistance range where a breakout could unlock further upside to the $40 region and previous swing structures. The token’s continued dominance in this key zone demonstrates its resilience, signaling a potential shift towards renewed bullish momentum.