Price recovers, but caution lingers

At press time, HYPE was trading around $39.39 with a 1.6% daily gain, but technical indicators still suggested a cautious outlook.

The RSI remained below the neutral 50 at 43.32, a sign of lingering bearish momentum. The CMF was negative at -0.20, indicating capital outflows continue.

Price candles also hovered below the Bollinger Band midline, suggesting limited bullish strength.

While the token has bounced off recent lows, the rebound lacks volume and conviction, making it more of a pause than a confirmed reversal.