$HYPE has been moving up steadily with strong momentum and has just broken out to new intraday highs. The drops have been minor, and the price is still maintaining a position above the short, term support, which is a sign of strong demand. Such a pattern normally supports the continuation of the trend as long as bulls keep the trend going.

Trade Bias: LONG

Entry Zone: 33.20 – 33.60
Take-Profit 1: 34.30
Take-Profit 2: 35.40
Take-Profit 3: 36.80
Stop-Loss: 31.95
Leverage (Suggested): 3–5X

The bias remains bullish as long as price stays above the rising base. The momentum is powerful, but the volatility may increase around the highs, so keep control over your position size and take profits gradually during the strength.
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