$HYPER Testing Resistance: Will Bulls Push Through or Fade Again?
$HYPER is currently trading at $0.1980, attempting to break out of a tight consolidation range. While momentum is building, overhead resistance remains a key hurdle, and traders should stay ready for a directional shift.
Key Levels to Watch:
• Resistance Zone: $0.1985 – $0.2005
A clean breakout above this zone may ignite bullish momentum toward:
• TP1: $0.2040
• TP2: $0.2085
• Support Zone: $0.1960 – A failure to hold above this could trigger another leg down toward:
• TP1: $0.1925
• TP2: $0.1890
Trade Setup: Consolidation Squeeze Before the Move
• Bullish Setup: Look for a breakout above $0.1985 with volume confirmation to ride the next leg up.
• Bearish Setup: A drop below $0.1960 could invite short-term selling pressure targeting lower supports.
• Stop-Loss: For longs, below $0.1955; for shorts, above $0.2005 to avoid false breakouts.
Stay alert—this range is tightening and a breakout move is nearing.