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HYPEHUSD could become Ct bounce if bullish PA presents itself at current region.
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HYPEHUSD I would prefer the price to hold above the 41-39.

If 39 breaks, it would place the odds in favor of a downside structure toward 33–29, where a potential mid-term bottom formation could begin.

Chart: tradingview.com/x/YTfi4a0R/
Snapshot

HYPEHUSD Price has broken below the local support and might be morphing into an ending diagonal pattern.

Despite that, I continue to hold the macro bullish scenario with potential targets at the 55–60 resistance zone — and possibly even the uber-bullish extensions into the 70–80 area.

For that outlook to stay valid, I want to see price hold above the 41–39 macro support zone in the coming sessions.

Chart:
tradingview.com/x/u60mneRR/

Previous update (Jul 12):
tradingview.com/symbols/HYPEHUSD/minds/?mind=yICrEEgJRtWOQUvoKfcIlQ&exchange=CRYPTO

Initial mention of bullish potential (Jul 6):
tradingview.com/symbols/HYPEHUSD/minds/?mind=9XtXGwAoQ0OeRPoFJyYaxw&exchange=CRYPTO
Snapshot