$HYPE price has cooled off after facing rejection near $89 in early September, falling toward $78. The pullback looks less concerning with buyers continuing to accumulate, especially as one whale has been adding $HYPE almost every day.
Over the past 15 days, wallet 0x3305 has bought a total of 358,609 $HYPE worth about $28.8 million. That’s a sizeable accumulation streak while $HYPE price remains below its recent high.
$HYPE Price Finds Support As Whale Keeps Buying
The rejection from $89 sent $HYPE lower, but the decline toward $78 can still be viewed as a cooldown rather than a trend reversal.
The whale activity adds weight to that view. Wallet 0x3305 hasn’t made a one-off purchase and disappeared. It has continued buying across the past 15 days, taking its total purchases to 358,609 $HYPE.
Still, accumulation alone doesn’t guarantee another rally. Price ultimately decides whether the bullish setup survives.
$90 Break Could Put $HYPE Near $100
The immediate level to watch is now $90. If $HYPE price takes down that resistance, the next target in the current setup is $100.
That would put the token back above the level where the recent rejection started, potentially confirming that the pullback was simply a pause before another move higher. But traders shouldn’t get too comfortable.
$76 Breakdown Could Send $HYPE Toward $60
If selling pressure strengthens despite the whale accumulation, the setup could deteriorate quickly. A break below $76 would weaken the current bullish structure and open the door toward the $60 support zone.
For now, $HYPE price has two obvious levels to settle the argument: $90 on the upside and $76 on the downside. Until one breaks, the whale’s $28.8 million accumulation remains the more interesting part of the setup.