$HYPE 12H
It seems that the market has finally recovered: both the correction in #BTC and the discussion of team unlocks are now behind us. These factors have been digested by the market, and the tension has noticeably decreased.
Currently, #hype is again holding in its average support zone of $35.442 - $31.427. The behavior of the price indicates that the asset is maturing for the next move.
If we look at the chart without unnecessary emotions, the structure increasingly resembles the formation of a reversal base.
Sellers are losing pressure, volumes are gradually shifting towards buyers, and the market is stabilizing.
Usually, such a combination leads to a fairly straightforward scenario: first a smooth reversal, then an acceleration of the impulse.
The local target for the bulls is $43.021. And if the impulse gets confirmation from the overall market, the path opens up to $49.018.
The conclusion is simple: HYPE looks like it is ready to remind who controls the movement in this area of the chart.
$HYPE #hype
