$HYPE remains under sellers’ control. The hourly chart continues to trend downward, and $76.745 remains an insurmountable resistance.
First, I’m waiting for a move toward $73.89–$73.22. If buyers defend this zone, a rebound toward $76.74 and $78.13 is possible.
The $77.31–$78.13 area is interesting for selling. If buyers weaken, the next target is $72.43.
I’m not rushing into a position yet. A move back above $76.75 could completely change the picture.
First, I’m waiting for a move toward $73.89–$73.22. If buyers defend this zone, a rebound toward $76.74 and $78.13 is possible.
The $77.31–$78.13 area is interesting for selling. If buyers weaken, the next target is $72.43.
I’m not rushing into a position yet. A move back above $76.75 could completely change the picture.