Interesting setup shaping up in $HYPE right now.
The drop from the $78 high looks like a clean A-B-C correction, likely bottoming around that $51–52 zone we just tested. If that low holds — and it's looking decent — we could be kicking off a fresh 5-wave impulse to the upside.
This lines up nicely with my view on $BTC. I still think Bitcoin has room to finish its current B-wave rally before the broader correction kicks back in. $HYPE moving in sync would make a lot of sense structurally.
No confirmation yet, so stay patient. But this one's definitely on the watchlist. Clean count, solid support level, and macro structure aligning. That's the kind of setup worth paying attention to.
The drop from the $78 high looks like a clean A-B-C correction, likely bottoming around that $51–52 zone we just tested. If that low holds — and it's looking decent — we could be kicking off a fresh 5-wave impulse to the upside.
This lines up nicely with my view on $BTC. I still think Bitcoin has room to finish its current B-wave rally before the broader correction kicks back in. $HYPE moving in sync would make a lot of sense structurally.
No confirmation yet, so stay patient. But this one's definitely on the watchlist. Clean count, solid support level, and macro structure aligning. That's the kind of setup worth paying attention to.