$HYPE is getting close to $100 but I don’t blindly long it at $93
The 4H chart is still holding above the recent breakout area and the daily structure remains strong
I will open a long position if HYPE holds $92 to $93 and buyers push back above $94.5
Enter around $93 to $94.5 after confirmation
Targets
$96
$100
$105
$110
Stop Loss $89.8
The $98 area is the big test because HYPE already rejected from there
One thing I’m keeping in mind is the HYPE token unlock happening around this time so volatility can increase even though the technical setup still looks bullish
If HYPE loses $89.8 I’m closing my long trade
I want the move toward $100 to come with buyers actually holding the breakout
#HYPE
The 4H chart is still holding above the recent breakout area and the daily structure remains strong
I will open a long position if HYPE holds $92 to $93 and buyers push back above $94.5
Enter around $93 to $94.5 after confirmation
Targets
$96
$100
$105
$110
Stop Loss $89.8
The $98 area is the big test because HYPE already rejected from there
One thing I’m keeping in mind is the HYPE token unlock happening around this time so volatility can increase even though the technical setup still looks bullish
If HYPE loses $89.8 I’m closing my long trade
I want the move toward $100 to come with buyers actually holding the breakout
#HYPE
