HYPE is sitting above a key demand zone 👀
price is currently around $95.19 after pulling back from the $97+ area.
the zone i’m watching for entry is around $92.50 - $93.25.
if HYPE retraces into this area and buyers hold the demand, i’d be watching for a move toward $98.84.
the setup is simple:
demand: $93.25
target: ATH
sl: $91.77
if the demand zone holds, HYPE could push back toward the recent highs.
but if price loses $91.77 with strong momentum, this setup is invalidated.
for now, i’m watching how price reacts around demand. ^^
DYOR.
price is currently around $95.19 after pulling back from the $97+ area.
the zone i’m watching for entry is around $92.50 - $93.25.
if HYPE retraces into this area and buyers hold the demand, i’d be watching for a move toward $98.84.
the setup is simple:
demand: $93.25
target: ATH
sl: $91.77
if the demand zone holds, HYPE could push back toward the recent highs.
but if price loses $91.77 with strong momentum, this setup is invalidated.
for now, i’m watching how price reacts around demand. ^^
DYOR.
