$HYPE
While breakout skeptics sell into local corrections, this 1-day chart on $HYPE is completing a classic wave structure for a massive impulse move higher.
After completing a 5-wave motive cycle up to local highs and finishing an ABC corrective pullback near support at $83.13 , price is holding firmly above macro trendline support. The projected path shows a new 5-wave impulsive sequence developing from wave (C) support toward ultimate targets at $149.74 .
Holding above the invalidation level at $72.61 keeps the bullish macro expansion thesis active, targeting initial sub-wave targets before driving toward $149.74 . A breakdown below $72.61 invalidates the setup and signals deeper consolidation.
Don't panic sell local corrective dips—wait for wave (C) completions to position for macro expansion legs.
#HYPE #Hyperliquid #CryptoAnalysis #TechnicalAnalysis #Trading
While breakout skeptics sell into local corrections, this 1-day chart on $HYPE is completing a classic wave structure for a massive impulse move higher.
After completing a 5-wave motive cycle up to local highs and finishing an ABC corrective pullback near support at $83.13 , price is holding firmly above macro trendline support. The projected path shows a new 5-wave impulsive sequence developing from wave (C) support toward ultimate targets at $149.74 .
Holding above the invalidation level at $72.61 keeps the bullish macro expansion thesis active, targeting initial sub-wave targets before driving toward $149.74 . A breakdown below $72.61 invalidates the setup and signals deeper consolidation.
Don't panic sell local corrective dips—wait for wave (C) completions to position for macro expansion legs.
#HYPE #Hyperliquid #CryptoAnalysis #TechnicalAnalysis #Trading