HYPE: Short Trader Loses $747K on Downside Bets

A short-term trader aggressively shorting HYPE has now booked cumulative losses of $747,000 since yesterday, including a 29-minute position that alone cost $184,000 and a current 224,000-token short worth $10.63 million showing $184,000 in unrealized red.

With HYPE price prediction models now focusing on perpetual futures trading history volatility, the 4-hour chart reveals price holding $47.64 inside the Bollinger Bands while the EMA50 at $43.51 and EMA200 at $41.9 act as stacked support. The MACD golden cross at 1.22 keeps the bullish structure intact and RSI at 64.86 leaves room before overbought conditions, pointing to a likely test of upper-band resistance at $48.49 before any healthy pullback to the 50-EMA.