HYPE Trade Setup: Major Support Retest
HYPE has seen a massive drop in the past few days and is now sitting at a critical support level. If buyers step in, we could see a strong bounce toward the next resistance zones.
🛠 Trade Details:
Entry: Around $14.3
Take Profit Targets:
$18.00 (First TP - Resistance Zone)
$20.00 (Second TP - Potential Breakout Level)
Stop Loss: Below $12.00
This setup offers a solid risk-to-reward opportunity if HYPE holds its support. Watch for volume confirmation before entering! 🚀
🛠 Trade Details:
Entry: Around $14.3
Take Profit Targets:
$18.00 (First TP - Resistance Zone)
$20.00 (Second TP - Potential Breakout Level)
Stop Loss: Below $12.00
This setup offers a solid risk-to-reward opportunity if HYPE holds its support. Watch for volume confirmation before entering! 🚀
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.
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.