Hey Square fam! š The HYPE/USDT chart is signaling a short-term correctionābut it could be a golden opportunity to stack before the next rally. Letās dig into the setup, key levels, and engagement-ready strategy tailored for Binance Square. Letās go! šŖ
---
š Market Snapshot & Current Drivers
Current Price: ~$40ā42 USDT, near all-time highs around $42ā43
Recent Price Move: +70% monthly, driven by dominance in perps and strong on-chain revenues
Catalysts: High volumes in perpetuals (50ā75āÆbn weekly), listing buzz on Binance USāa powerful combo
---
š§ Correction Setup & Technical Signals
Expected Pullback: After a +330% rally since April, analysts forecast ~15% dip to ~$35ā36 zone before bounce
Support Zone: ~$35ā36 is both prior breakout zone and 0.618 Fib supportāa strong demand area
Momentum Trends:
RSI cooling from overbought, BBTrend steadyingāa healthy cooldown
MACD bearish crossover hints at mid-term consolidation
---
šÆ Trade Plan: Entry, SL & 5 Bounce Targets
Field Level (USDT) Notes
Entry (long) $35.50ā36.00 In the dip zoneārisk/reward sweet spot
**Stop-Loss (SL)** ā¤āÆ$34.00 Below support + 618 Fib level
TP1 $38.50 Near current highs + EMA confluence
TP2 $40.00 Psychological resistance at current level
TP3 $42.50 All-time high retest zone
TP4 $45.00 Pre-Binance US listing target
TP5 $50.00 Aggressive targetāanalyst-projected post-bounce run
---
š§ Why This Makes Sense
Mean Reversion: Profit-taking dip is normalāHYPE often retests Fib after big moves
Support Validated: $35ā36 is former resistance, turned demandāclassic technical setup
Momentum Resetting: RSI & MACD cooling, but on-chain and perpetual metrics remain solid
---
šø How to Share on Binance Square
1. Headline
āš HYPE Dip Incoming? Buy $35.5ā36ā5 TP Bounce Plan to $50!ā
2. Visuals
Share your annotated 4āhr or daily chart with entry, SL, and targets clearly marked.
3. Tone
Keep it friendly, emoji-driven, and community-focused.
4. Engagement Prompt
> āSquare crewāare you stacking at $36 or waiting for $35? TP2 or shooting for $45+? Drop your moves! šā
5. Compliance Reminder
āEducational purposes onlyāthis isnāt financial advice. DYOR & trade safe! ā ā
---
š TL;DR
A short-term correction to ~$35ā36 looks likely after HYPEās big rally. Buy the dip, set SL at $34, and target a bounce through $38.5 ā $40 ā $42.5 ā $45 ā $50. Watch momentum indicators and on-chain/perps data for confirmationāthis could be the setup before the next leg up!
---
Let me know what youāre thinkingāare you in the dip zone or waiting above? Share your plan! š
*Disclaimer: This is informational onlyānot financial advice.*