$HYPER 🚀 🚀 BULLISH MOMENTUM 🚀 🚀
Technical Overview
1. Chart Pattern:
HYPER is forming a cup-and-handle pattern on the 4H chart, with the cup rounding out between $0.128 and $0.154. The current “handle” consolidation is tightening just below the key breakout level of $0.154, signaling potential for a strong move if broken on volume.
Trade Setup:
Breakout Buy Strategy
Entry: $0.1550 (confirmed breakout above resistance)
Stop Loss: $0.1450 (below handle support and 50 EMA)
Take Profit Targets:
TP1: $0.1660 (short-term measured move)
TP2: $0.1780 (1.618 Fibonacci extension)
TP3: $0.1950 (psychological round number + volume gap)
Risk/Reward: Between 1:2.2 and 1:4 depending on target level
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Alternative Dip Buy Strategy:
If price rejects at resistance:
Buy Zone: $0.1430–$0.1460
Stop Loss: $0.1390 (below 200 EMA)
Targets: Same as breakout play, but more conservative TP1 at $0.1600
Trade Notes:
Volume: At $5.03M, volume is healthy—look for a spike >$7M to confirm breakout.
Market Correlation: Watch BTC/USDT—if Bitcoin continues its rally, HYPER may follow suit.