🚀$HYPE Rejection at Highs & Dynamic Support Retest!
After an explosive breakout driven by the landmark ICE (NYSE Parent) Partnership announcement, $HYPE surged to a high of $97.74 before facing a brief rejection due to short-term profit-taking near all-time highs!
Price action is now undergoing a healthy minor pullback, currently trading around $94.29. On the 15m timeframe, the MA 25 / EMA near $92.50 - $93.00 is acting as a crucial dynamic support floor.
💡 Key Levels 💥
Primary Dynamic Support: $92.50 – $93.00 (MA 25/EMA zone). A successful hold and bounce from this dynamic line will signal strong trend continuation.
Overhead Resistance: $97.74. Clearing this high re-opens the breakout path toward $100+ psychological targets.
⛔ Below $90.00.
Watch for volume confirmation around the dynamic MA support line before taking next position entries!
#Hyperliquid #FedWatch #EarningsSeason
After an explosive breakout driven by the landmark ICE (NYSE Parent) Partnership announcement, $HYPE surged to a high of $97.74 before facing a brief rejection due to short-term profit-taking near all-time highs!
Price action is now undergoing a healthy minor pullback, currently trading around $94.29. On the 15m timeframe, the MA 25 / EMA near $92.50 - $93.00 is acting as a crucial dynamic support floor.
💡 Key Levels 💥
Primary Dynamic Support: $92.50 – $93.00 (MA 25/EMA zone). A successful hold and bounce from this dynamic line will signal strong trend continuation.
Overhead Resistance: $97.74. Clearing this high re-opens the breakout path toward $100+ psychological targets.
⛔ Below $90.00.
Watch for volume confirmation around the dynamic MA support line before taking next position entries!
#Hyperliquid #FedWatch #EarningsSeason
