$HYPE — Real Market Scenario

HYPE continued rising to 94.685 after breaking above the previous high of 92.136. However, the price remains below the previous peak at 98.057, an important area for gauging the strength of the next trend.

Fibonacci Trend
1H: Monitor the retracement from the latest rise to assess short-term momentum.
4H: The 92.136 area serves as a reference for assessing whether the breakout is holding.
1D: The 98.057 high serves as the previous swing-high reference. Watch the price reaction as it approaches this area to gauge the potential for the trend to continue.

Bullish: The price holds above 92.136 and breaks through 98.057, opening the possibility of forming a new high.

Bearish: If the price loses 92.136, the risk of a retracement increases, especially if selling pressure continues.

A strong trend does not mean the price rises without pauses. Focus on the structure, wait for confirmation, and don’t rush to chase momentum.