$HYPE Compared with yesterday, MA(7) has steeply shifted upward to 80.027. The support level has been further lifted. Extreme overbought technical indicators are gradually repairing through a “sideways correction” approach (using sideways movement to replace a drop).
If the daily level candlestick body can hold above 83.8, a new round of a “Price Discovery” market phase will be triggered. The upside target is directly around 90.0;
🚀 If price breaks below 80.0 in the short term, it may pull back to the prior breakout consolidation zone at 77.5–78.2 for a chip/position turnover. But as long as this range is not breached, the overall bullish structure remains unchanged.
Bears get ready—if it breaks above 85, you can short. Liquidation/blow-up prices are pushed to above 100. Wait for profits.
If the daily level candlestick body can hold above 83.8, a new round of a “Price Discovery” market phase will be triggered. The upside target is directly around 90.0;
🚀 If price breaks below 80.0 in the short term, it may pull back to the prior breakout consolidation zone at 77.5–78.2 for a chip/position turnover. But as long as this range is not breached, the overall bullish structure remains unchanged.
Bears get ready—if it breaks above 85, you can short. Liquidation/blow-up prices are pushed to above 100. Wait for profits.