🔥 HYPE/USDT BUYERS ARE STILL IN THE FIGHT
📈 SIGNAL
Bias: 🟢 Bullish
Entry: $93.20 – $93.70
TP1: $94.88
TP2: $96.00
TP3: $98.00
SL: $90.80
HYPE is trading around $92.12 after launching its Binance spot market yesterday and pushing as high as $94.88.
After the first listing spike, price pulled back toward $90.66 and bounced. On the 1H chart, HYPE is now around the MA(7) at $93.22, so bulls need to reclaim that area before the next push.
🔎 TECHNICAL REASONING
The listing created a strong initial range between $90.66 and $94.88. After the rejection from the high, HYPE is pulling back rather than completely collapsing.
The key trigger is a 1H reclaim and hold above $93.20–$93.70. If buyers break $94.88 and successfully retest it as support, the fresh price-discovery phase could extend toward $96 and potentially $98.
If HYPE loses $91.80, the bullish setup is invalidated and the listing-day low around $90.66 could come back into play.
⚠️ HYPE is still extremely fresh after the Binance listing, so volatility can be aggressive. Don't chase the first breakout wait for confirmation and manage risk.
#HYPE #Hyperliquid #HYPEUSDT #Trading #CryptoTrading $HYPE
📈 SIGNAL
Bias: 🟢 Bullish
Entry: $93.20 – $93.70
TP1: $94.88
TP2: $96.00
TP3: $98.00
SL: $90.80
HYPE is trading around $92.12 after launching its Binance spot market yesterday and pushing as high as $94.88.
After the first listing spike, price pulled back toward $90.66 and bounced. On the 1H chart, HYPE is now around the MA(7) at $93.22, so bulls need to reclaim that area before the next push.
🔎 TECHNICAL REASONING
The listing created a strong initial range between $90.66 and $94.88. After the rejection from the high, HYPE is pulling back rather than completely collapsing.
The key trigger is a 1H reclaim and hold above $93.20–$93.70. If buyers break $94.88 and successfully retest it as support, the fresh price-discovery phase could extend toward $96 and potentially $98.
If HYPE loses $91.80, the bullish setup is invalidated and the listing-day low around $90.66 could come back into play.
⚠️ HYPE is still extremely fresh after the Binance listing, so volatility can be aggressive. Don't chase the first breakout wait for confirmation and manage risk.
#HYPE #Hyperliquid #HYPEUSDT #Trading #CryptoTrading $HYPE
