🔥 $HYPE: Strong bullish accumulation signal! 📈

The price of $HYPE is trading above MA5 (32.7) and MA10 (32.4), indicating a short-term upward trend. The MA20 line (32.8) also supports this positive signal. The MA120 line (27.0) confirms a solid overall upward trend.

Trading volume has increased significantly on 1h candles, with 1.8M at the level of 34.4, showing strong interest from buyers at higher price levels. This is a positive sign confirming upward momentum.

The contract capital flow in the last 30 minutes shows an increase of +4.96M. This further reinforces the immediate upward price momentum for $HYPE, reflecting investor confidence.

**Long Entry Strategy for $HYPE:**

* **Immediate Entry:** Near the current level of 33.8-33.9.

* **Alternative Entry:** Wait for a pullback to the support area of 32.2-32.5 (the confluence point of support and MA20).

**Stop-Loss (SL):**

* Set SL at 31.1, below the support area and the nearest low to protect capital.

**Target Price (TP) for $HYPE:**

* **TP1 (Main):** 34.7

* **TP2 (Secondary):** 35.8

Let's keep an eye on the developments of $HYPE and manage risks carefully! Click below to trade. 👇

(HYPEUSDT)

#hype #hypeusdt #hyperlyquid