Futures Market Signals
$HYPE Long Setup:
• Entry: $26.300 - $26.450
• Take Profit (3%): $27.180
• Stop Loss (1.5%): $25.900
Technical Analysis:
HYPE is showing a very promising recovery structure on the 1D timeframe after establishing a short-term bottom around $22.185. The most notable point is that the price has tested the support zone around $25.200 very solidly, creating a strong foundation for a powerful breakout. Currently, the candles are accumulating tightly and beginning to move above the Middle Band (MB) at $25.935, with small green candles hugging the upper trajectory. This sustained price compression right above the central axis suggests that bulls have gathered enough momentum to target the next objective at the Upper Band (UP) near $29.710. This is an ideal time for a Long entry as the bullish structure has been confirmed by the successful retest of the lower support levels.
