The price perfectly fulfilled my last idea. 
HYPEUSDT recently surged above the triangle pattern and tested the key resistance near 50, forming a local top. After a healthy retracement, price is now approaching the blue upward trendline and support zone near 42, setting the stage for another bullish bounce. The structure reveals a higher low and a strong impulse leg, suggesting continuation toward the upper resistance area. The chart favors bullish continuation after retest confirmation of the ascending support.
📉 Key Levels
💡 Risks
HYPEUSDT recently surged above the triangle pattern and tested the key resistance near 50, forming a local top. After a healthy retracement, price is now approaching the blue upward trendline and support zone near 42, setting the stage for another bullish bounce. The structure reveals a higher low and a strong impulse leg, suggesting continuation toward the upper resistance area. The chart favors bullish continuation after retest confirmation of the ascending support.📉 Key Levels
- Buy trigger: Bounce from 42.5–43.5 zone
- Buy zone: 42.0–43.0
- Target: 50.0 with potential to 52.0
- Invalidation: Breakdown below 40.0
💡 Risks
- Failure to hold trendline support
- False breakout rejection below 42.0
- Broader market sentiment turning risk-off
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
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🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.