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【$HYPE Signal】Long | Healthy Reset After Breakout with Volume
$HYPE After a 21.99% volume-driven increase, the price is cooling and consolidating at a high level. This is a typical healthy reset after major players enter the market, rather than a top sell-off. The market shows buying interest absorbing short-term profit-taking, and the increasing open interest confirms bullish momentum.
🎯 Direction: Long
🎯 Entry: 33.20 - 33.60
🛑 Stop Loss: 31.80 ( Rigid stop loss, invalidating the structure if broken)
🚀 Target 1: 36.50
🚀 Target 2: 39.00
$HYPE A flag pattern has formed above a key resistance zone, with volume expanding but limited price pullback, indicating that selling pressure has been effectively absorbed. This “high volume, narrow range consolidation” is a typical feature of continued strength. On lower timeframes, each pullback is quickly bought back, shifting market psychology from FOMO to healthy rotation, preparing for the next upward push. As long as it does not break below the previous breakout zone (stop loss level), the probability advantage favors the bulls.
Trade 👇 here $HYPE
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