#HYPE — Is $80 within reach? 👀
#HYPE has formed a Rounding Bottom pattern and successfully broken above the neckline on the daily chart.
It’s now retesting the neckline, which serves as a crucial support zone. A strong bounce from here could ignite the next leg up. 🔥
Potential targets if momentum continues:
🎯 $40.000
🎯 $45.947
🎯 $49.570
🎯 $54.728
🎯 $61.298
🎯 $69.649
🎯 $74.000
🎯 $80.272
👁 Keep a close eye on the daily candle close for confirmation.
⚠️ As always, use a tight stop-loss to protect capital.
#HYPE has formed a Rounding Bottom pattern and successfully broken above the neckline on the daily chart.
It’s now retesting the neckline, which serves as a crucial support zone. A strong bounce from here could ignite the next leg up. 🔥
Potential targets if momentum continues:
🎯 $40.000
🎯 $45.947
🎯 $49.570
🎯 $54.728
🎯 $61.298
🎯 $69.649
🎯 $74.000
🎯 $80.272
👁 Keep a close eye on the daily candle close for confirmation.
⚠️ As always, use a tight stop-loss to protect capital.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.