$HYPE is still holding its short-term ascending structure after the strong impulsive move from the $20 area.
Price respected the rising trendline and continues to form higher lows, currently compressing around the $30–$31 zone. As long as HYPE holds above the ascending support, the structure remains constructive with potential for another push toward the $34–$36 supply area.
A clean breakdown below the trendline would shift the short-term bias and open room for a deeper pullback. #BuyTheDipOrWaitNow? #HYPE
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MARKET UPDATE: $HYPE $HYPE
$HYPE is still holding its short-term ascending structure after the strong impulsive move from the $20 area.
Price respected the rising trendline and continues to form higher lows, currently compressing around the $30–$31 zone. As long as HYPE holds above the ascending support, the structure remains constructive with potential for another push toward the $34–$36 supply area.
A clean breakdown below the trendline would shift the short-term bias and open room for a deeper pullback.
#BuyTheDipOrWaitNow? #HYPE