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$HYPE The parabola movement reminds me of the price action $BNB .
It shows many similar characteristics. Just an interesting observation.
If following a similar pattern to BNB, there might be another opportunity to buy HYPE around $48–52. Considering its strength relative to BTC, I doubt we will see lower than that.
I am placing HTF bids in that area. The risk-reward looks attractive if the trend structure remains intact.
I won't be shorting, just looking to get filled if a retest occurs.