Before a potential breakout, I prefer to verify the structure rather than get swept up in emotion. The daily trend for $HYPE remains firmly upward, with price above EMA50 and EMA200, telling me the broader trend is intact. The weak four-hour RSI suggests sellers still have some short-term strength, while the pullback has landed near the moving-average support zone—making this a more favorable risk-reward area for going long.
I’m watching how buyers respond after price retests the level and holds. As long as volume confirms, an upward breakout is the more likely outcome.
🟢 Trade direction: Long
📍 Entry range: 85.01991 – 85.34060
🛑 Stop loss: 82.11185
🎯 Take profit 1: 87.48156
🎯 Take profit 2: 89.01577
🎯 Take profit 3: 91.31707
Take in the vastness of mountains and seas; observe the market’s every detail.
Walk alongside Uncle Xiong and witness the gains and losses of the world.
#HYPE
Tap below to trade 👇
I’m watching how buyers respond after price retests the level and holds. As long as volume confirms, an upward breakout is the more likely outcome.
🟢 Trade direction: Long
📍 Entry range: 85.01991 – 85.34060
🛑 Stop loss: 82.11185
🎯 Take profit 1: 87.48156
🎯 Take profit 2: 89.01577
🎯 Take profit 3: 91.31707
Take in the vastness of mountains and seas; observe the market’s every detail.
Walk alongside Uncle Xiong and witness the gains and losses of the world.
#HYPE
Tap below to trade 👇