HYPE recent trading activity has shown a significant change. The 30-minute trading volume suddenly increased by 62.5%, a signal that usually does not appear out of thin air.

Currently, the price is trading around 24.214 USDT. From a technical perspective, the 24.25 level has formed a key support, only 1.53% away from the current price, and the range between 24.2 and 24.25 also constitutes a clear support zone. This overlapping multiple support levels often indicate an increasing probability of a rebound.

A sudden increase in volume is often a precursor to a market move. If HYPE can stabilize near the support level, the upward space will open—resistance is set at 24.797, providing traders with a clear target.

In actual trading, consider placing a long order around 24.25. Once the support zone is effectively broken downward, stop-loss should be set. The profit target is aimed at the resistance level of 24.797. In summary, closely watch HYPE's next move; the cooperation of volume and price will determine the subsequent direction.