$HYPE Clean Uptrend, Testing Local Highs



๐Ÿ”ฅ Strong Recovery โ†’ Momentum Building
Price bounced from 37.75 and has been printing steady higher highs and higher lows, now approaching the 39.8 resistance zone again.

๐Ÿ“Š Market Structure Insight
Bullish structure intact. Trend is clean with consistent higher lows โ€” buyers are in control on the 1H timeframe.

๐Ÿ’ก Key Insight:
Repeated tests of resistance usually weaken it โ€” increasing probability of breakout.

๐ŸŽฏ Trade Levels:
Entry Zone: 39.2 โ€“ 39.6
Stop Loss: Below 38.7
Target 1: 40.2
Target 2: 41.0

โš ๏ธ Key Levels:
39.8 โ†’ Immediate breakout level
38.8 โ†’ Key support

Holding above 39 keeps bullish momentum strong. Clean break above 39.8 opens continuation.

Are you entering before the breakout or waiting for confirmation above highs?
HYPE5.82%
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