🚀 $HYPE is +20.2% on the day
Now 96.10, right at the top of its 24h range: 78.19 to 96.97.
Volume over the last 3 hours is 3.5x the daily hourly average.
Bulls: a hold above 96.97 (24h high) opens the way to 106.36 (+10.7%).
Downside scenario: a close under 78.19 and 68.80 (−28.4%) comes into play.
Either way, the idea is wrong once price closes back through 87.58 against you: that is where many traders place the stop, and size the position so that stop costs about 1% of the account.
No edge claimed: just the range, its extension and where it breaks.
NFA.
#HYPE #VektorDaily
Now 96.10, right at the top of its 24h range: 78.19 to 96.97.
Volume over the last 3 hours is 3.5x the daily hourly average.
Bulls: a hold above 96.97 (24h high) opens the way to 106.36 (+10.7%).
Downside scenario: a close under 78.19 and 68.80 (−28.4%) comes into play.
Either way, the idea is wrong once price closes back through 87.58 against you: that is where many traders place the stop, and size the position so that stop costs about 1% of the account.
No edge claimed: just the range, its extension and where it breaks.
NFA.
#HYPE #VektorDaily
