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$HYPE looks ready for another leg up after reclaiming the $50 zone with strong momentum on the 24H chart. Buyers are clearly in control and dips are getting absorbed fast.
📍 EN: $50.80 - $51.20
🛑 SL: $48.50
🎯 TP1: $53.00
🎯 TP2: $55.40
🎯 TP3: $58.00
💭 MY OPINION:
Momentum still looks extremely bullish as long as price holds above the $50 support area. Break above recent highs could trigger a fast expansion move toward mid $50s. Expect volatility, but trend continuation is favored right now.
#TradfiTradingChallenge