Bro, take it easy for a moment. There is a latest update for
#HYPEUSDT approaching this noon. Unlike the majority of Alts that we monitored this morning which tend to be bearish, HYPE is actually showing dominance on the Long side (71.4%) compared to Short (28.6%).
HYPE seems to have gained new momentum and is trying to stay above the $39 level to continue rising around the entry zone 39.43 – 39.73 (mid around 39.58).
🟢 LONG SCENARIO (Win Rate: 71.4% — High Probability):
Entry: 39.43 – 39.73
SL: 38.11 (risk ~3.7% from mid-entry)
TP: 40.68 (~2.7%), 41.42 (~4.6%), up to 42.52 (~7.4%).
This scenario is to anticipate if HYPE really breaks out strongly and continues to seek the local all-time high in the 42 area. With a win rate above 70%, buying pressure is usually quite aggressive if the entry area can be maintained.
🔴 SHORT SCENARIO (Win Rate: 28.6%):
Entry: 39.43 – 39.73
SL: 41.05 (risk ~3.7% from mid-entry)
TP: 38.48 (~2.7%), 37.74 (~4.6%), down to 36.64 (~7.4%).
Just in case this turns out to be a bull trap at the upper price. But looking at the probability, the risk on this side is greater to take this noon without confirmation of massive selling volume.
Trader's Insight:
This trader has received a strong bullish bias signal, perhaps seeing that HYPE currently has a unique momentum while other assets like BNB or XRP are "leaking". With an SL of around 3.7%, this is a wide protection to accommodate HYPE's volatility which is usually quite nimble.
Keep monitoring if the price stabilizes at 39.4 – 39.7 or if there is a confirmation of explosive buying volume, then go for it. Don't FOMO at the peak, wait for a clear signal. Price risk management is crucial. Let's go! 🚀📈
$HYPE