#update
$HYPE
Long Setup
Watching HYPE on the 5M for a potential long setup.
I’m waiting for price to close above $78.895 on the 5-minute timeframe first. If we get that confirmation, I don’t want to chase the breakout.
I’ll then wait for a retracement back into the $77.20 area and look for longs if it holds as support.
Main upside target: $82.70
For now, waiting for the breakout and retest before entering.
$HYPE
Long Setup
Watching HYPE on the 5M for a potential long setup.
I’m waiting for price to close above $78.895 on the 5-minute timeframe first. If we get that confirmation, I don’t want to chase the breakout.
I’ll then wait for a retracement back into the $77.20 area and look for longs if it holds as support.
Main upside target: $82.70
For now, waiting for the breakout and retest before entering.