$HYPE Strong Rally ... Pullback Can Create Next Opportunity
$HYPE has shown a strong bullish move, rising from the 25.60 area to around 32.70, confirming buyers are fully in control. The price is making higher highs and higher lows, which is a clear sign of bullish trend continuation. However, after this fast upward move, the market may take a short pause, and a small pullback is possible before the next move.
The key support zone is around 30.80 – 29.80. If price pulls back to this area and holds, it can be a good zone for buyers to enter again. As long as price stays above 29.50, the bullish trend remains strong. On the upside, if momentum continues, the next targets can be 34.00 and 36.00. Traders should wait for a healthy pullback and confirmation before entering, instead of chasing the price at the top.
