$HYPE just held its breakout level on the 4H chart 👀
Price dipped back to around 82.51 - the level it broke through - and the 4H candle closed back above it at 83.69. That's the retest holding, which is what I wanted to see instead of a quick fade.
If #HYPE keeps closing above 82.51, the 83.96–85.81 area is the next zone on the chart. A 4H close back under 80.45 would turn this into a fade.
On the record, HYPE's setup is still judged on one line only: a daily close below 82.54.
Original breakout post: https://www.binance.com/square/post/382502173913940
Level held - does HYPE print a new higher high from here? 👇
Research, not advice. #CryptoEdge #MarketStructure
Full track record: https://cryptoedge-therecord.rkkiran4me.workers.dev
Price dipped back to around 82.51 - the level it broke through - and the 4H candle closed back above it at 83.69. That's the retest holding, which is what I wanted to see instead of a quick fade.
If #HYPE keeps closing above 82.51, the 83.96–85.81 area is the next zone on the chart. A 4H close back under 80.45 would turn this into a fade.
On the record, HYPE's setup is still judged on one line only: a daily close below 82.54.
Original breakout post: https://www.binance.com/square/post/382502173913940
Level held - does HYPE print a new higher high from here? 👇
Research, not advice. #CryptoEdge #MarketStructure
Full track record: https://cryptoedge-therecord.rkkiran4me.workers.dev
