HYPE may be nearing a temporary top 📉



Weekly level is starting to stall, with a consolidation range of 54.2-73, and topping formation is already occurring at highs

The daily chart shows three failed retests without effectively holding above 73, the rebound momentum is gradually weakening, the top is progressively lowering, and attention should be paid to divergence risks

Summary: If it doesn't break above, beware of short-term pullback risks, the lower range is around 54, with support at 61-54-38

For reference only
HYPE-3.92%
View Original
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
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
ShengTianWeb3
· 29m ago
Buy the dip and enter the market 😎
View OriginalReply0
  • Pinned