📉 HYPE — TESTING LOCAL SUPPORT & MOVING AVERAGE RESISTANCE! 🔄
$HYPE is trading at 77.821 (-0.30%, or roughly Rs21,519.84), moving within a 24-hour range between a high of 79.670 and a low of 77.390. Price action on this 4-hour chart shows minor consolidation near the lower boundary of its range, hovering just under the fast MA(7) (78.557) while remaining suppressed below the descending MA(25) (81.271) and macro structural MA(99) (82.056) moving averages.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 74.500–77.000 (strictly on confirmed volume exhaustion, heavy capitulation wicks, and structural stabilization signs)
🛑 STOP LOSS: 73.200
🎯 TP1: 81.000
🎯 TP2: 85.500
❓Are you watching for Hyperliquid to hold this support zone and attempt a rebound toward the $81+ moving average resistance, or expecting a deeper test of lower levels?
Let's discuss below! 👇
👉 Trade: $HYPE
#hype #Hyperliquid #cryptotrading #BinanceSquare #TradingSignal