📈 HYPER Breakout in Play: Infrastructure Token Pumping! 📈
HYPER is surging, up +8.76% today and breaking past key resistance. As an Infrastructure token, this move is catching attention. The setup suggests a potential momentum continuation if it holds above the breakout level.
Trade Idea: Long $HYPER
Entry Zone: 0.1300 – 0.1330
(Look for a pullback to retest the breakout zone as new support. Aggressive entry can be near current price with tight stop.)
Stop Loss (SL): 0.1240
(Just below the 24h Low ($0.1222) and the key breakout structure.)
Take Profit Targets (TP):
TP1: 0.1400 (Immediate target beyond the 24h High)
TP2: 0.1480 (Next psychological and technical resistance)
TP3: 0.1600+ (Extended momentum target, manage with trailing stop)
🔍 Chart Analysis:
Breakout Confirmed: Price has moved above the consolidation range and the MA60 indicator.
Volume Supported: The 24h volume (15.03M HYPER) shows decent interest backing the move.
Key Level: Holding above $0.1313-0.1320 (previous resistance/MA60) is crucial for bullish continuation.
Caution: The 7-day and 90-day charts are still negative, so this is a short-to-mid-term momentum play against a larger downtrend.
Catching momentum moves requires speed and discipline. Follow for more real-time insights. ⚡