$HYPE go long

MACD 1-hour timeframe shows a red column of 0.2804. The uptrend is right there in front of us. DIF is running above the DEA. Although this one is slightly shorter than the previous value of 0.2770, it’s only that the rise is slower—not that it’s going down. It’s building up power.

Bollinger position: Price is currently near the upper band of the Bollinger Bands, around the 80% zone—this is a strong range. Riding along the upper band is the strongest sign; don’t casually guess the top.

Funding rate: It’s currently 0.0050%. The longs are paying to hold. A positive funding rate means the longs are willing to pay money to buy the rise. With this mindset, the trend usually doesn’t just go out all at once.

Entry: 88.25-89.42
Take Profit 1: 91.46
Take Profit 2: 93.28
Stop Loss: 87.50

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