HYPE Trend Break Raises Sell-Off Risk as Traders Eye Key Support Zones

HYPE has lost its uptrend according to Michaël van de Poppe. As a result, he is taking a more passive approach to trading HYPE. Van de Poppe noted that the last similar trend break saw price fall from €50 to €15, adding caution as traders assess whether weakness can extend further.

Crypto Patel offered a different view, pointing to lower demand zones that may attract buyers. He said institutional-style setups often appear when price revisits liquidity areas, and noted that the higher-high and higher-low pattern remains intact for now.

The market now faces a test between trend damage and possible support recovery. Traders are watching whether HYPE protects key levels or enters a deeper sell-off. A failure to hold the $47-$54 area could bring $38-$43 into focus, while pressure may build toward $34 if that zone fails.