Something is still pushing underneath this one. $HYPE has buyers defending the 92 area while the higher timeframes keep leaning bullish, and the futures side is still getting busier.
Entry: 92.023 - 92.123
TP1: 92.596
TP2: 92.806
SL: 91.959
The 15m is holding a clean higher-high/higher-low rhythm, with 1h backing the move even though its swings are getting tighter. On the 4h, HYPE is more stretched, but the broader direction is still pointed up. Funding is slightly negative while OI has climbed 1% over 5h, giving this move a pretty interesting backdrop.
If 92 keeps getting defended, the next push has room to run into 92.596 first, then 92.806. The bigger picture is still bullish, but HYPE is moving in a tight zone right now, so the next few candles could get loud.
Entry: 92.023 - 92.123
TP1: 92.596
TP2: 92.806
SL: 91.959
The 15m is holding a clean higher-high/higher-low rhythm, with 1h backing the move even though its swings are getting tighter. On the 4h, HYPE is more stretched, but the broader direction is still pointed up. Funding is slightly negative while OI has climbed 1% over 5h, giving this move a pretty interesting backdrop.
If 92 keeps getting defended, the next push has room to run into 92.596 first, then 92.806. The bigger picture is still bullish, but HYPE is moving in a tight zone right now, so the next few candles could get loud.
