$HYPE UPDATE đš
Hereâs my current view on #HYPE:
So far, the plan is playing out as expected:
â Liquidity sweep completed
â Long entry zone around $52â$49.7 reached (global channel midline + trendline support)
â $57 target reached â closed 50% of the position
â Holding the remaining 50% with a target around the $60 area
đŻ Final target: $61â$62
Key levels to watch:
â ïž If HYPE loses the $51â$49.7 support zone, the setup changes and shorts could become the better opportunity.
đ Next potential long zone: $41â$48 for a possible bounce from the global channel and trendline support.
For spot investors, Iâm looking to start accumulating in the $38â$48 range.
Right now, greed is starting to return to the market. Everyone needs to have their own exit plan and avoid letting emotions control decisions.
Remember: greed often leads to poor decisions.
My current expectation is that a larger market correction could begin around August/September, with Bitcoin potentially forming a cycle low around October/November.
If the structure changes, Iâll share an update.
Always do your own research (DYOR).
I previously warned about the bull trap near $82K BTC and the summer correction.
The next major call could be one of the biggest opportunities of this cycle.
Stay alert. đš
[Hype chart link. click to check.](https://app.binance.com/uni-qr/cvid/352484036727953?r=T28JJYHS&l=en&uco=KywG7FFq7B0M3thh1oEIXw&uc=app_square_share_link&us=copylink)
#SpaceXFalls11%OnFirstReportSinceIPO #SP500NasdaqBreak200WMAInBTCFirstSince2012 #hype #crypto #MarketUpdate @hype @Hype Btc @Hype Man @Hype G KE
Hereâs my current view on #HYPE:
So far, the plan is playing out as expected:
â Liquidity sweep completed
â Long entry zone around $52â$49.7 reached (global channel midline + trendline support)
â $57 target reached â closed 50% of the position
â Holding the remaining 50% with a target around the $60 area
đŻ Final target: $61â$62
Key levels to watch:
â ïž If HYPE loses the $51â$49.7 support zone, the setup changes and shorts could become the better opportunity.
đ Next potential long zone: $41â$48 for a possible bounce from the global channel and trendline support.
For spot investors, Iâm looking to start accumulating in the $38â$48 range.
Right now, greed is starting to return to the market. Everyone needs to have their own exit plan and avoid letting emotions control decisions.
Remember: greed often leads to poor decisions.
My current expectation is that a larger market correction could begin around August/September, with Bitcoin potentially forming a cycle low around October/November.
If the structure changes, Iâll share an update.
Always do your own research (DYOR).
I previously warned about the bull trap near $82K BTC and the summer correction.
The next major call could be one of the biggest opportunities of this cycle.
Stay alert. đš
[Hype chart link. click to check.](https://app.binance.com/uni-qr/cvid/352484036727953?r=T28JJYHS&l=en&uco=KywG7FFq7B0M3thh1oEIXw&uc=app_square_share_link&us=copylink)
#SpaceXFalls11%OnFirstReportSinceIPO #SP500NasdaqBreak200WMAInBTCFirstSince2012 #hype #crypto #MarketUpdate @hype @Hype Btc @Hype Man @Hype G KE