Guys, let me walk you through $HYPE because the plan here has three steps and I want you to see all of them ⁉️
Look at what it just did. Price pushed more than 26% in only three 4H candles, and now it is getting rejected from a supply zone. After a run like that, I expect the next move to be downside.
I'm targeting the demand zone and order block area. The volume profile also shows a lot of volume there, which is why I trust that zone. I expect price to go down to $80-74 first.
After that, I think price pushes back up to the supply zone near $94-97 and gets rejected there again. And once that rejection is done, I believe it can easily cross $100 🔺
So first down to $80-74, then back up to $94-97, then $100. Save this post and watch how it plays out with me 💯
Look at what it just did. Price pushed more than 26% in only three 4H candles, and now it is getting rejected from a supply zone. After a run like that, I expect the next move to be downside.
I'm targeting the demand zone and order block area. The volume profile also shows a lot of volume there, which is why I trust that zone. I expect price to go down to $80-74 first.
After that, I think price pushes back up to the supply zone near $94-97 and gets rejected there again. And once that rejection is done, I believe it can easily cross $100 🔺
So first down to $80-74, then back up to $94-97, then $100. Save this post and watch how it plays out with me 💯
