$HYPE BIG DROP! IS A STRONG COMEBACK COMING? may be can be made quicker .. hahah
HYPE has dropped over 7% in 24 hours and is now trading around **$77.43**! Selling pressure remains strong, but the 15-minute and 1-hour charts are showing early signs of stabilization. Is this the beginning of a recovery or just another trap for buyers?
Short-Term Plan (Next 6–8 Hours) I'm watching $77.80–$78.20 for a confirmed breakout entry, with potential targets at **$79.20 and $80.70**. Alternatively, $76.30–$76.60 could offer a buying opportunity if support holds. A break below $76.25 would raise the risk of further selling.
*Mid-Term Plan (Next 10–15 Days): The $75.00–$76.50 zone looks interesting for a potential recovery, while $73.50–$74.50 could become the next support area. If buyers regain control, I'm watching **$82.50 and $88.00**, with $92 as an extended bullish target. A daily close below $72 would invalidate this recovery outlook.
⚠️ **My View:** The 4H and daily trends remain bearish. I'm not rushing to catch a falling knife! Waiting for confirmation could be more valuable than chasing a cheap entry.
Drop your target in the comments! 👇
*Chart-based analysis, not financial advice. Levels may change with market conditions.
#CryptoTrading. #altsesaon #Hyperliquid
HYPE has dropped over 7% in 24 hours and is now trading around **$77.43**! Selling pressure remains strong, but the 15-minute and 1-hour charts are showing early signs of stabilization. Is this the beginning of a recovery or just another trap for buyers?
Short-Term Plan (Next 6–8 Hours) I'm watching $77.80–$78.20 for a confirmed breakout entry, with potential targets at **$79.20 and $80.70**. Alternatively, $76.30–$76.60 could offer a buying opportunity if support holds. A break below $76.25 would raise the risk of further selling.
*Mid-Term Plan (Next 10–15 Days): The $75.00–$76.50 zone looks interesting for a potential recovery, while $73.50–$74.50 could become the next support area. If buyers regain control, I'm watching **$82.50 and $88.00**, with $92 as an extended bullish target. A daily close below $72 would invalidate this recovery outlook.
⚠️ **My View:** The 4H and daily trends remain bearish. I'm not rushing to catch a falling knife! Waiting for confirmation could be more valuable than chasing a cheap entry.
Drop your target in the comments! 👇
*Chart-based analysis, not financial advice. Levels may change with market conditions.
#CryptoTrading. #altsesaon #Hyperliquid
