Technical analysis by HolderStat about Symbol HYPE: Buy recommendation (8/8/2025)

HYPEUSDT rebounded through the 40 handle after completing a measured drop inside a falling channel. The reclaim came right at multi‑month trend support drawn from the “growing channel,” turning 38–40 into a key demand shelf. Momentum broke the channel’s midline and the market is attempting to stair‑step higher with higher lows on 4H. If price holds above 38–40, upside targets sit at 44.2, 46.8 and the prior reaction zone near 48–50. Failure back below 38 would risk a return to 36.3 and the lower boundary; until then, the bias stays moderately bullish with dips likely to be bought.