Resistance is within reach... and bulls are looking for another breakout.
$HYPER /USDT – LONG
Trade Plan
Entry: $68.20 – $68.90
SL: $66.80
TP1: $70.47
TP2: $72.50
TP3: $75.00
Why This Setup?
4H Structure: HYPE continues to print higher highs and higher lows, confirming that buyers remain firmly in control of the trend.
Price Positioning: Trading just below resistance while holding above key support suggests strength rather than exhaustion.
MA Context: Short-term moving averages remain bullish, with price comfortably above key trend indicators and momentum favoring continuation.
RSI Context: RSI remains in bullish territory, showing strong momentum while still leaving room for further upside expansion.
Volume Behavior: Buying pressure continues to absorb pullbacks, indicating accumulation rather than distribution near resistance.
Daily Context: A clean break above $70.47 could trigger fresh momentum buying and open the door toward higher liquidity zones around $72.50 and $75.00.
As long as $67.03 support remains intact, bulls maintain the advantage and the path of least resistance remains to the upside.
Debate:
Will HYPE break above $70.47 and continue its bullish expansion toward new highs...
Or will sellers defend resistance and force a short-term pullback before the next leg higher?
Click Trade here 👇
