Guys, Possible Long 🤔$HYPE Watching the Key Support Zone 👀
I'm keeping HYPE on my watchlist. The 30M chart shows price testing the $88–89 area after a steady decline.
Looking at the 1D chart, this zone is interesting because it previously acted as resistance and has now been reclaimed.
Here's what I'm watching:
Support: $86–87
Resistance: $94–95
Major resistance: $97–98
If buyers manage to defend the reclaimed zone, a move towards $92–95 could be possible.
But if price loses $86 on a daily closing basis, the bullish idea needs to be reconsidered.
I want confirmation from both timeframes before taking a position. No point jumping in just because a level looks attractive. 🎯
trade is here 👉$HYPE
#Hyperliquid #bullish
I'm keeping HYPE on my watchlist. The 30M chart shows price testing the $88–89 area after a steady decline.
Looking at the 1D chart, this zone is interesting because it previously acted as resistance and has now been reclaimed.
Here's what I'm watching:
Support: $86–87
Resistance: $94–95
Major resistance: $97–98
If buyers manage to defend the reclaimed zone, a move towards $92–95 could be possible.
But if price loses $86 on a daily closing basis, the bullish idea needs to be reconsidered.
I want confirmation from both timeframes before taking a position. No point jumping in just because a level looks attractive. 🎯
trade is here 👉$HYPE
#Hyperliquid #bullish
