Technical analysis by xWindx about Symbol HYPE: Buy recommendation (8/18/2025)

Our last call played out perfectly. HYPEUSD tapped $36 support and then rallied hard to $49.5, giving a clean swing win. Now, price action is once again at an important inflection point. Current Observations Price is currently testing the Fib Channel 0.618 (~$43–$44). Channel structure remains intact, so a bounce here is highly probable in the short term. If this level fails, the channel bottom (~$39–$40) will be the next key area to watch. Short-Term Setup Bounce expected around $43–$44 (current 0.618 Fib Channel test). If BTCUSD and overall market condition recovers, pink path is highly possible. If breakdown occurs as the white path, the $39–$40 channel bottom should act as strong support. Both zones are solid re-entry areas for both swing traders and investors. Targets on next bounce TP1: $46–$47 (minor resistance) TP2: $49.5 (recent swing high) TP3: $53–$55++ (extension if bullish continuation resumes) The overall channel uptrend is still intact. Unless price closes below $39, this move looks like a healthy correction within the broader uptrend. If $39 breaks (low probability), strong accumulation zone still sits at $30–$33. Final Thoughts Our $36 entry → $49.5 rally proved the power of confluence levels. Right now, we’re in another high-probability bounce setup. Base case is Short-term bounce from $43–$44. Alternate case is Deeper retest at $39–$40 for the next big leg up. As usual, patience and tiered entries remain the best strategy here. Not financial advice. Just updating my technical view after the last successful setup.It reached $40 earlier than expected and we are in. Currently doing the bounce again at $43–$44 which is really good for the upside move.