$HYPE

HYPE
HYPEUSDT
29.89
+4.09%

USDT (Perp) – 4H Chart Quick Analysis & Trade Plan

Market Structure

Price bounced from 27.69 and is now trading near 30.01.

Short-term bullish recovery after a downtrend.

Candles are moving toward the upper Bollinger Band (30.07).

Indicators

Bollinger Bands: Price near upper band → bullish momentum but short-term resistance nearby.

MACD: Bullish crossover forming (histogram turning green) → momentum improving.

Volume: Increasing on green candles → buyers are active.

📈 Long Setup (Preferred)

Entry: 29.70 – 30.00 (on small pullback)

Targets:

TP1: 30.50

TP2: 31.20

TP3: 32.00

Stop Loss: 28.90 (below mid BB / recent support)

Confirmation to enter:

4H candle closes above 30.10 with good volume.

📉 Short Setup (Only if Rejected)

Entry: If price rejects 30.50 – 30.80

Targets:

TP1: 29.70

TP2: 28.80

Stop Loss: 31.20

⚠️ Notes

Trend is short-term bullish, so long trades are safer.

Avoid chasing if price spikes straight to resistance.

Use proper risk management (low leverage).