🚀 $HYPE is showing a potential technical setup!

The weekly chart exhibits strong bullish momentum with price expanding past previous structural highs and holding above key Fibonacci extension levels.

📈 The Technical Setup:
• The Pattern: Fibonacci Extension Expansion and Trendline Support
• Short-term Target: 108.486
• Macro Objective: 168.876
• Market Structure: Strong breakout and continuation

🎯 Key Levels to Watch:
• Support / Accumulation Zone: 78.291 - 80.000
• Resistance: 108.486
• Breakout Level: 91.634
• Stop Loss / Invalidation: 78.291

📊 Confirmation:
• Volume: Neutral/standard volume
• Momentum: Strong bullish weekly expansion candles
• Trend: Macro uptrend continuing above key Fibonacci levels

⚠️ Invalidation:
A weekly close back below the 78.291 support level.

Price action suggests continuation towards higher Fibonacci targets unless key support fails.

💎 Creator: NOUMAN_DON (@NOUMAN_DON)

#hype #crypto #BinanceSquare #Binance #bitcoin