1 week ago

HYPE Breakout Gains Momentum as Price Tests Key Resistance Zones Near $40 Level

TLDR: HYPE broke above $37.40 resistance with strong volume, signaling a shift from bearish channel pressure. Price action shows higher lows forming, suggesting early accumulation after a prolonged downtrend phase. Bollinger Bands indicate price nearing upper resistance, raising chances of either breakout or short-term pullback. Momentum remains positive despite cooling, keeping focus on $39.6 and [...]

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Source: Blockonomi →