$HYPE finally woke up a bit yesterday after sitting near 83 most of the day.
Bounced from 82.6 and pushed to 87.9 in the evening on decent volume, but that's right where the old 87 to 88.5 shelf from last week is. Got sold there, dipped to 85 and now back around 86.1 sitting on the 1h EMAs.
So honestly it's just testing the ceiling it lost on Nov 2. An hourly close over 88 and I think 89.5 to 90 comes into play quick.
If 85 goes though, this was only a relief bounce and 83 to 82.6 is back on the table.
Bounced from 82.6 and pushed to 87.9 in the evening on decent volume, but that's right where the old 87 to 88.5 shelf from last week is. Got sold there, dipped to 85 and now back around 86.1 sitting on the 1h EMAs.
So honestly it's just testing the ceiling it lost on Nov 2. An hourly close over 88 and I think 89.5 to 90 comes into play quick.
If 85 goes though, this was only a relief bounce and 83 to 82.6 is back on the table.
