$HYPE is sitting at a make or break level right now.
After getting rejected from the $97.19 high, the price has pulled back to $76.74. The positive sign is that the daily Super trend remains bullish at $75.21, but buyers need to defend this zone.
Key levels:
Support: $76.40 to $75.20
Major support: $74.41
Resistance: $78.13
Next hurdle: $82.31
Holding above $75 could give HYPE a chance to recover toward $78 and $82. A breakdown below $74.41 would weaken the setup considerably.
The next daily candles matter. HYPE needs buyers to step back in.
#Write2Earn #hype
After getting rejected from the $97.19 high, the price has pulled back to $76.74. The positive sign is that the daily Super trend remains bullish at $75.21, but buyers need to defend this zone.
Key levels:
Support: $76.40 to $75.20
Major support: $74.41
Resistance: $78.13
Next hurdle: $82.31
Holding above $75 could give HYPE a chance to recover toward $78 and $82. A breakdown below $74.41 would weaken the setup considerably.
The next daily candles matter. HYPE needs buyers to step back in.
#Write2Earn #hype
