$HYPE Tonight at 7:00 PM just listed on Binance spot. About half an hour later, it bounced back from around 92 to 91. The opening high was 92.30, and the low was 90.70. The listing has some hype, but the price isn’t just steadily trending upward all the way.
First, observe: the opening range of 90.70—92.30.
On the 15-minute chart, only a few candlesticks have formed so far. Support and resistance haven’t been repeatedly tested yet, so I won’t make a hard call on long or short for now. With a seed tag—opening high and low points don’t equal solid support and resistance.
First, observe: the opening range of 90.70—92.30.
On the 15-minute chart, only a few candlesticks have formed so far. Support and resistance haven’t been repeatedly tested yet, so I won’t make a hard call on long or short for now. With a seed tag—opening high and low points don’t equal solid support and resistance.
