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$HYPE This price action is textbook 'squat jump'!
The daily chart just closed with a big bullish candle, completely reversing the downtrend from the past few days, and on the 4-hour chart, we're seeing a classic V-shaped reversal. The key point is that smart money and whales are going all in on longs, with long positions hitting a whopping 128%, indicating that the big players have already set their traps; this current pump is just the beginning.
Current price is 64.17, and there's still significant space to the strong resistance zone at 69-70. Since the big players have signaled they're ready to make moves, let's go with the flow and take a long position, snag a quick profit and bail out, wouldn’t that be sweet?
Direction: Long on dips
Target: 69-70 range
Stop-loss: Below 61
#ShareYourUSStocksWinNvidia