📈 $HYPE Analysis: Structure Intact, Momentum Stabilizing
$HYPE is showing strong resilience, holding its pullback levels with the overall bullish structure firmly intact. After a recent correction, the price is consolidating above a key demand zone, suggesting that the bulls are still in control.
🔍 Key Observations:
Absorption: Selling pressure appears light as dips are being quickly absorbed by buyers.
Momentum: Instead of breaking down, momentum is stabilizing, forming a solid base for the next potential leg up.
Sentiment: Consolidation above support is a classic sign of trend continuation.
🎯 Trade Setup (Long):
Entry Range: 24.7 – 25.4
Target 1 (TP1): 27.0
Target 2 (TP2): 29.5
Stop Loss (SL): 24.0
Pro Tip: As long as this base holds, the path of least resistance remains to the upside. Always manage your risk and trade according to your plan.
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$HYPE trade here 👇
