$HYPE
The recent structure is showing lower highs, with price failing to reclaim the previous swing region after rejecting from the 98 area. Price is now trading around 79.9, close to short-term support. A decisive breakdown below this area may strengthen the bearish case, while a recovery above nearby resistance could invalidate the current bias.
Entry Zone: 79.50–80.80
Stop Loss: 83.20
Take Profit 1: 77.00
Take Profit 2: 74.50
Take Profit 3: 71.00
Take Profit 4: 66.50
Key Levels
• Immediate Resistance: 82.50
• Major Resistance: 90.50
• Immediate Support: 78.40
• Major Support: 71.00
• Bearish Confirmation: A daily close below 78.40 may reinforce the current bearish structure.
Do you currently see more downside in $HYPE, or are you waiting for confirmation before changing your market bias?
#HYPE #Hyperliquid #TechnicalAnalysis #CryptoTrading #BinanceSquare
The recent structure is showing lower highs, with price failing to reclaim the previous swing region after rejecting from the 98 area. Price is now trading around 79.9, close to short-term support. A decisive breakdown below this area may strengthen the bearish case, while a recovery above nearby resistance could invalidate the current bias.
Entry Zone: 79.50–80.80
Stop Loss: 83.20
Take Profit 1: 77.00
Take Profit 2: 74.50
Take Profit 3: 71.00
Take Profit 4: 66.50
Key Levels
• Immediate Resistance: 82.50
• Major Resistance: 90.50
• Immediate Support: 78.40
• Major Support: 71.00
• Bearish Confirmation: A daily close below 78.40 may reinforce the current bearish structure.
Do you currently see more downside in $HYPE, or are you waiting for confirmation before changing your market bias?
#HYPE #Hyperliquid #TechnicalAnalysis #CryptoTrading #BinanceSquare