$HYPE eyeing the $100 mark! Got the 4H closing over the resistance!
It is breaking through the $93.90 resistance, which has been holding this level for a long time. Before that, we had the head-and-shoulders setup I wouldn’t call it a perfect move, but we got the reversal from $84 and it didn’t play out completely as expected.
Now, if this resistance breaks and holds, the structure will shift bullish on both the 4H and daily, which could bring the $100 mark quite easily.
So keep a close eye on it and make your entries when the setup is suitable!
So far, volume is looking quite good to bring up the century!
It is breaking through the $93.90 resistance, which has been holding this level for a long time. Before that, we had the head-and-shoulders setup I wouldn’t call it a perfect move, but we got the reversal from $84 and it didn’t play out completely as expected.
Now, if this resistance breaks and holds, the structure will shift bullish on both the 4H and daily, which could bring the $100 mark quite easily.
So keep a close eye on it and make your entries when the setup is suitable!
So far, volume is looking quite good to bring up the century!
