$HYPE ‌ is playing games with us right now.



We’re hovering at 42.39 after failing to clear that 45.75 resistance. The price action is looking a bit heavy, especially with the order book showing 75% sell pressure.

It feels like the market is baiting people into longs before a potential quick sweep lowers.

If we can't hold this 41.80 area, I’m expecting a drop toward 38.80 to pick up more volume. I’d rather wait for a solid bounce than catch a falling knife here.

What’s your plan? Entering now or playing it safe?

#GateSquareMayTradingShare #BTCPullback
HYPE-0.82%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin