$HYPE is showing impressive relative strength with a 17.42% gain. Consistent higher lows on the daily chart and a bullish engulfing structure on the 4-hour timeframe support its bullish outlook. Its decentralized derivatives activity continues attracting trader attention. However, price discovery creates uncertainty around historical overhead support, making risk management essential.
📈 Bias: Strongly Bullish | 🎯 Entry: $88.50–$91.00 | 🛡 Support: $86.00 | 🚧 Resistance: $100.00 | 🎯 Targets: $96.00 / $100.00 / $108.00 | ❌ Invalidation: Move below $84.00.
Strategy: Monitor pullback stability and confirmation of the higher-low structure before entering.
#HYPE #Hyperliquid #DeFi #CryptoTrading #Binance
📈 Bias: Strongly Bullish | 🎯 Entry: $88.50–$91.00 | 🛡 Support: $86.00 | 🚧 Resistance: $100.00 | 🎯 Targets: $96.00 / $100.00 / $108.00 | ❌ Invalidation: Move below $84.00.
Strategy: Monitor pullback stability and confirmation of the higher-low structure before entering.
#HYPE #Hyperliquid #DeFi #CryptoTrading #Binance
