HYPE's recent performance is worth paying attention to. The trading volume on the 30-minute K-line suddenly surged by 109.7%, and such anomalies rarely occur without reason.
The current price stands at 26.506 USDT, with a clear support level at 26.08 below, not far away (only 1.53%). From a technical perspective, this area is a good point for a long position.
If entering the market, the target can be set at the resistance level of 26.777. Simply put, support → resistance, with some fluctuation space in between.
The volume increase signal is very important—it indicates that market participation is heating up, and large orders are actively building positions. This usually suggests that the market is about to show some movement. The future direction of HYPE needs to be closely monitored, especially whether it can effectively break through those resistance levels.
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DefiSecurityGuard
· 01-08 12:22
yo hold up, volume spike like that screaming honeypot energy to me ngl. seen this exact pattern before some nasty exploit vectors get deployed. 26.08 support looking sus if you ask, prolly fake liquidity trap. not financial advice but... DYOR on the smart contract first or you're just asking to get rekt honestly
Reply0
MevWhisperer
· 01-06 02:58
Trading volume surged by 109.7%? That's a pretty impressive number. Are big players quietly accumulating?
Suddenly, I feel that the 26.08 support level is a bit sweet.
To be honest, let's wait until it breaks through 26.777 before making a move. I'm not confident about entering now.
Whether this wave can break through the key level still depends on the follow-up momentum.
HYPE has indeed shown some movement these days, but I still prefer to stay on the sidelines.
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MEVVictimAlliance
· 01-06 02:57
109.7%? Why does this number look so familiar... What was the last thing that caused such a surge?
When trading volume rises, you need to think about the underlying logic. Don't get fooled and just end up losing.
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SchrodingerPrivateKey
· 01-06 02:57
Trading volume suddenly surges, this wave is indeed interesting, but I'm more concerned about whether this is just another scam to harvest retail investors' funds.
Sudden increase in volume, large orders entering the market, talking up a storm... in the end, it all depends on whether there's a real breakout or just a false move.
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MetaverseMigrant
· 01-06 02:48
Trading volume surging, it looks like something is about to happen.
HYPE's recent performance is worth paying attention to. The trading volume on the 30-minute K-line suddenly surged by 109.7%, and such anomalies rarely occur without reason.
The current price stands at 26.506 USDT, with a clear support level at 26.08 below, not far away (only 1.53%). From a technical perspective, this area is a good point for a long position.
If entering the market, the target can be set at the resistance level of 26.777. Simply put, support → resistance, with some fluctuation space in between.
The volume increase signal is very important—it indicates that market participation is heating up, and large orders are actively building positions. This usually suggests that the market is about to show some movement. The future direction of HYPE needs to be closely monitored, especially whether it can effectively break through those resistance levels.