$HYPE /USDT RECLAIMING MOVING AVERAGE SUPPORT FOR A BULLISH CONTINUATION REBOUND ARE BULLS TARGETING $87.77 NEXT?

Pair: $HYPE /USDT

Direction: LONG

Entry Price: 85.37

Target Levels (Take Profit)

TP 1: 86.27 +1.05%
TP 2: 86.87 +1.76%
TP 3: 87.77 +2.81%

Stop Loss

🛑 SL: 84.17

Technical Breakdown

HYPE ($85.35) executed a solid recovery following a minor retracement, establishing a firm base and pressing back into the middle-to-upper portion of the Bollinger Bands. This confirms buyer absorption and a structural momentum shift toward overhead targets.

Price action has crossed above short-term MA 7 and intermediate MA 25, pressing upward toward baseline MA 99. Sustaining above these moving average levels clears the path toward upper dynamic resistance near the TP 3 target.

RSI (14) has recovered steadily from lower levels back toward the neutral 50.00–55.00 zone, confirming building upside momentum. The MACD indicator displays flattening-to-expanding histogram bars with signal lines trending upward following a bullish crossover, confirming active buyer control.

$HYPE