HYPE: Trader Turns Passive After Uptrend Loss

HYPE has lost its uptrend, prompting @CryptoMichNL to adopt a passive stance on trades after the token previously plunged from €50 to €15. HYPE price prediction models now face renewed scrutiny amid the breakdown. On the 4h chart, price sits at $58.32 beneath the EMA50 at $60.72 and EMA200 at $63.4, confirming the bearish structure, while RSI at 41.07 stays neutral and MACD registers a bullish golden cross at -0.74; the token trades inside Bollinger Bands with upper resistance at $61.17 and lower support at $57.08, suggesting a likely test of the 50-EMA before any rebound attempt.