$HYPE is testing a major rising trendline after a sharp correction from its recent highs.
Buyers have stepped in once around this area, so this is an important level to watch.
If the trendline holds, we could see another recovery attempt toward the previous resistance. However, losing this support on a daily close could invite further downside.
Watching the reaction closely before making the next move. 👀
#HYPE #Macro Insights# #Altcoin Season#
Buyers have stepped in once around this area, so this is an important level to watch.
If the trendline holds, we could see another recovery attempt toward the previous resistance. However, losing this support on a daily close could invite further downside.
Watching the reaction closely before making the next move. 👀
#HYPE #Macro Insights# #Altcoin Season#
