$HYPE
pulling back after a huge pump. Healthy dip or local top? 👀
HYPE/USDT perp is trading near $89.45 after a strong rally from $78.8 to $97.19, followed by roughly an 8% pullback. Price is now below MA7 ($90.17) and MA25 ($91.53), but still above MA99 ($87.01). 📉 Volume is fading during the pullback, suggesting profit-taking rather than aggressive selling.
📊 Key Levels:
🟢 Support: $87.0 → $85.96 → $78.8
Resistance: $90.2 → $91.5 → $94.0 → $97.19
A 15m close above $91.5 would be encouraging for buyers. A close below $87.0 could signal deeper weakness.
The bigger trend still looks strong: 7D +15%, 90D +68%, and 180D +114%. I'm watching confirmation before making a move.
Perps carry serious leverage risk. Always use a stop-loss.
Are you buying this pullback or waiting for a clearer signal?
#HYPE #Binance #BİNANCESQUARE
Not financial advice. DYOR.
pulling back after a huge pump. Healthy dip or local top? 👀
HYPE/USDT perp is trading near $89.45 after a strong rally from $78.8 to $97.19, followed by roughly an 8% pullback. Price is now below MA7 ($90.17) and MA25 ($91.53), but still above MA99 ($87.01). 📉 Volume is fading during the pullback, suggesting profit-taking rather than aggressive selling.
📊 Key Levels:
🟢 Support: $87.0 → $85.96 → $78.8
Resistance: $90.2 → $91.5 → $94.0 → $97.19
A 15m close above $91.5 would be encouraging for buyers. A close below $87.0 could signal deeper weakness.
The bigger trend still looks strong: 7D +15%, 90D +68%, and 180D +114%. I'm watching confirmation before making a move.
Perps carry serious leverage risk. Always use a stop-loss.
Are you buying this pullback or waiting for a clearer signal?
#HYPE #Binance #BİNANCESQUARE
Not financial advice. DYOR.
