HYPE Retests Dynamic MA100 Support on Daily: Tight Compression Paves the Way Past 100 Toward 120 USD?
HYPE on the daily (1D) timeframe continues to demonstrate an exceptionally sturdy long-term bullish trend established since early 2026. Throughout this macro upward trajectory, the blue dynamic MA100 baseline has consistently functioned as the foundational spine, keeping price action structurally elevated.
Following a standard cooling-off phase from the 100 USD local high toward the 77 – 78 USD zone, market behavior is signaling acute supply exhaustion. The active daily candle tests the MA100 directly with a compressed body, showing responsive lower wick absorption and stabilizing price near 77.92 USD. Price compressing tightly along the moving average paired with depleted trading volume confirms that overhead profit-taking has fully run its course. Responsive buyers are absorbing remaining floating supply, building momentum for the next continuation leg.
This dynamic MA100 shelf unlocks an asymmetric trend-following Long opportunity with an outstanding risk-to-reward ratio. The primary upside target for this expansion wave aims to clear the 100 USD barrier and reach the 120 USD objective (specifically 120.19 USD). A tight protective stop-loss is placed at 74.00 USD. Should the moving average fail, the lower ascending trendline serves as an ideal secondary accumulation zone.
DYOR $HYPE
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