📍#HYPE Technical Analysis (2025/06/19)
Where is HYPE heading today? Key levels for bulls and bears in one chart!
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[Timeframe] 1D
Trend: Daily chart in sideways pullback, trading near the 20-day MA, momentum showing weakness; watch support at 32.5 and resistance at the 45.8 all-time high
🔹 Longs:
🛑 Stop Loss: 32.51 (50-day MA)
🟢 Add-on: 37.85 (20-day MA), 32.51
🚀 Breakout Entry: 39.96 (previous high)
🎯 Take Profit: 44.27, 45.82, 50.00
🔻 Shorts:
🛑 Stop Loss: 45.82 (all-time high)
🟢 Add-on: 39.96 (previous high), 44.27 (BB mid)
🚨 Breakdown Entry: 37.85 (20-day MA)
🎯 Take Profit: 32.51, 28.45, 9.32
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[Timeframe] 4H
Trend: 4H chart bearish, price below key moving averages and testing BB lower band, selling pressure rising
🔹 Longs:
🛑 Stop Loss: 35.23 (200 MA)
🟢 Add-on: 36.15 (BB lower band), 35.23
🚀 Breakout Entry: 38.94 (10 MA)
🎯 Take Profit: 38.43, 40.01, 40.78
🔻 Shorts:
🛑 Stop Loss: 38.94 (10 MA)
🟢 Add-on: 39.80 (20 MA), 40.01 (50 MA)
🚨 Breakdown Entry: 37.25 (previous low)
🎯 Take Profit: 36.15, 35.23, 32.59
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[Timeframe] 1H
Trend: 1H short-term bearish, price extending down and hovering at BB lower band, momentum remains bearish
🔹 Longs:
🛑 Stop Loss: 37.28 (BB lower band)
🟢 Add-on: 37.64 (previous low), 37.28
🚀 Breakout Entry: 38.09 (10 MA)
🎯 Take Profit: 38.44, 39.36, 40.04
🔻 Shorts:
🛑 Stop Loss: 38.09 (10 MA)
🟢 Add-on: 38.44 (20 MA), 39.36 (50 MA)
🚨 Breakdown Entry: 37.28 (BB lower band)
🎯 Take Profit: 37.64, 36.15, 35.23
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[Summary]
Recommendation: In the short term, focus on the 1H range of 37.28-38.94; above 38.09, consider long with targets of 38.44-39.36; below 37.28, switch to shorts targeting 36.15-35.23. In the medium term, favor selling rallies within the 4H bearish trend, with resistance at 38.94. If price retests and holds the BB lower band at 36.15, view as a consolidation low long opportunity, with stop-loss at 35.23.