Is $HYPE long at 87.5 a solid call?
Watching buyers at 87.46–87.77. I'd rather see them hold this than chase higher.
LONG zone 87.46–87.77 | targets 88.71, 89.44, 90.53 | stop 85.79
- 4H at 87.6, above the EMA50 at 83.8, structure is with the buyers.
- Price is above the EMA200 at 66.4 on the daily, bigger trend supports the long.
- Only 2.1% to the stop, 3.3% to TP3, 1.6R if TP3 gets hit.
Not advice, size it yourself.
Watching buyers at 87.46–87.77. I'd rather see them hold this than chase higher.
LONG zone 87.46–87.77 | targets 88.71, 89.44, 90.53 | stop 85.79
- 4H at 87.6, above the EMA50 at 83.8, structure is with the buyers.
- Price is above the EMA200 at 66.4 on the daily, bigger trend supports the long.
- Only 2.1% to the stop, 3.3% to TP3, 1.6R if TP3 gets hit.
Not advice, size it yourself.
