🔥 HYPE/USDT HYPE IS FIGHTING BACK AFTER THE $90.66 DROP
📈 SIGNAL
Bias: 🟢 Bullish
Entry: $91.40 – $91.70
TP1: $92.30
TP2: $92.90
TP3: $93.80
SL: $90.60
HYPE is trading around $91.86 after a sharp rejection from the $92.30 high and a quick drop to $90.66.
On the 15M chart, price has recovered back above the MA(7) at $91.41, showing buyers are trying to regain short-term control. But the $92.30 high is still the key resistance.
🔎 TECHNICAL REASONING
The sharp selloff from $92.30 to $90.66 was followed by a quick recovery, and buyers are now holding above the short-term MA.
The important trigger is a clean 15M close above $92.30. If that level breaks and holds on a retest, HYPE could continue pushing toward $92.90 and potentially $93.80.
If price loses $90.60, the bullish setup is invalidated and the recent recovery could turn into another leg lower.
⚠️ Don't chase the first breakout. Wait for confirmation and a clean retest, especially with the volatility on a newly active pair.
#HYPE #Hyperliquid #HYPEUSDT #Crypto #CryptoTrading $HYPE
📈 SIGNAL
Bias: 🟢 Bullish
Entry: $91.40 – $91.70
TP1: $92.30
TP2: $92.90
TP3: $93.80
SL: $90.60
HYPE is trading around $91.86 after a sharp rejection from the $92.30 high and a quick drop to $90.66.
On the 15M chart, price has recovered back above the MA(7) at $91.41, showing buyers are trying to regain short-term control. But the $92.30 high is still the key resistance.
🔎 TECHNICAL REASONING
The sharp selloff from $92.30 to $90.66 was followed by a quick recovery, and buyers are now holding above the short-term MA.
The important trigger is a clean 15M close above $92.30. If that level breaks and holds on a retest, HYPE could continue pushing toward $92.90 and potentially $93.80.
If price loses $90.60, the bullish setup is invalidated and the recent recovery could turn into another leg lower.
⚠️ Don't chase the first breakout. Wait for confirmation and a clean retest, especially with the volatility on a newly active pair.
#HYPE #Hyperliquid #HYPEUSDT #Crypto #CryptoTrading $HYPE
