HYPEUSDT is testing support within a defined range. An ignition signal suggests a potential mean-reversion move toward resistance.
$HYPE

Bias: Bullish mean-reversion within the current range.

Trade Plan

Entry: 82.576

SL: 82.081

TP: 83.319 / 86.095

Market Evidence:

• Ignition signal firing at local support.

• Pre-pump indicator active.

• Reentry setup triggered.

Risk:

• Weak OI and neutral funding indicate low conviction for a sustained breakout.

Watch:

Monitor for a reclaim of the range midpoint to validate the upward move.

#HYPE #CryptoTrading #PriceAction