HYPE just reclaimed momentum, but can buyers push it toward $100?
$HYPE is up over 17% on the day, bouncing sharply from $74.41 to around $94.66. The move has reclaimed the daily Supertrend, giving bulls a stronger setup than before.
Key levels to watch:
Support: $88 to $90
Major support: $82.50
Resistance: $97.20 to $98.05
Next target: $100
A clean break above $98 could put the psychological $100 level in play. If momentum fades, watch whether $88 holds as support.
The recovery looks solid, but after such a sharp candle, confirmation matters. Let price show its next move.
#HYPE
$HYPE is up over 17% on the day, bouncing sharply from $74.41 to around $94.66. The move has reclaimed the daily Supertrend, giving bulls a stronger setup than before.
Key levels to watch:
Support: $88 to $90
Major support: $82.50
Resistance: $97.20 to $98.05
Next target: $100
A clean break above $98 could put the psychological $100 level in play. If momentum fades, watch whether $88 holds as support.
The recovery looks solid, but after such a sharp candle, confirmation matters. Let price show its next move.
#HYPE
