7.16 $HYPE



From the 1-hour trend, this rebound that was pulled up from a low point is, in essence, just a normal rebound and recovery after a severe drop—it does not amount to a trend reversal at all. In the 68 to 70 price range above, a lot of people were trapped there before; once the price rises into this area, many will break even and sell, creating particularly heavy sell pressure—like a hard wall right above your head. Also, the gaps in the Bollinger Bands are getting narrower and narrower, indicating that bulls and bears have already reached a standoff at the critical point, and it won’t be long before a breakout decision is made regarding which direction to go. $EVAA

Short around 68-70, targets 65, 63
$LAB #ETH站稳1900美元
HYPE-1.42%
EVAA0.78%
LAB-7.57%
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