Garrett Jin: Reenters HYPE After $13.55M Sale

Garrett Jin sold his full 184102 HYPE stack for $13.55M at $73.6 yesterday and has already repurchased 81703 HYPE worth $6M today.

Price action on the 4h chart shows HYPE at $72.15 inside the Bollinger Bands with upper resistance at $77.6; the neutral RSI at 58.48 combined with the MACD death cross points to a likely retracement toward the EMA50 support at $66.13 before any fresh upside attempt.