HYPE: Michaël van de Poppe Targets $110-120

Michaël van de Poppe posted that $HYPE sits halfway to his $110-120 objective after today's headline, with the token's full market capitalization potential still absent from the price.

Price action on the 4h chart shows $HYPE at $93.7 testing the upper Bollinger Band resistance at $93.27 while the RSI(14) prints 76.73 in overbought territory and the MACD(12,26) holds a bullish golden cross at 3.35. The structure remains supported by the EMA50 at $81.06 and EMA200 at $82.68, both acting as concrete long-term floors after the August low sweep. With price pressing the upper volatility band and momentum stretched, a measured pullback toward the 50-EMA support appears the next logical step before any continuation higher, provided Bitcoin stabilizes near current levels.