HYPE Retesting Demand After Rejection, Long the Bounce 🟢
Trade Setup: Long 🟢
Entry Zone: $40.500 – $41.702
📍TP1: $43.828
📍TP2: $45.750
📍TP3: $46.316
SL: $38.853
Why this Setup? 💎⚡🔥
HYPE carved out a massive V-shaped recovery from $34.444 and blasted all the way to $45.750 — that kind of strength doesn't just disappear.
Current price at $41.702 is pulling back into a clean demand zone with +1.75% stabilizing and buyers already stepping in off the $38.853 support. Daily volume of 297.40M USDT is enormous — this is a heavily traded asset with real institutional interest.
The retracement from $45.750 is a textbook bull flag shakeout before the next leg higher. Every dip into the $40–$42 range has been aggressively bought. Entry here gives a clean reload with the $45.750 previous high and beyond as the natural target, risk defined below $38.853.
Trade Here On
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