$HYPE

**HYPE/USDT Trading Strategy - Clear Breakout or Rejection Setup**

*Current Market Situation**

- Price: **$39.99** (+3.46%)

- Key Resistance: **$40.19**

- Key Support: **$40.03**

- 24H Range: **$37.97 - $41.27**

*Bullish Breakout Scenario** 🟢

**If price breaks & holds above $40.19 with good volume:**

1. **Entry:** $40.20 (confirmed breakout)

2. **Target:** $41.19 (next resistance level)

3. **Stop Loss:** $40.03 (below breakout level)

4. **Reward/Risk:** ~2.5:1 ratio

**Why this could work?**

- Volume is already above MA(5) & MA(10)

- Next clear resistance at $41.19

- Breakout could trigger FOMO buying

Bearish Rejection Scenario** 🔴

**If price gets rejected at $40.19:**

1. **Entry:** $40.10 (after rejection signs)

2. **Target 1:** $39.44 (first support)

3. **Target 2:** $38.97 (stronger support)

4. **Stop Loss:** $40.17 (above rejection zone)

5. **Reward/Risk:** ~3:1 ratio

**Why this could work?**

- $40.19 is clear resistance

- Rejection would show lack of buying power

- Next supports clearly defined

*Key Indicators to Watch**

✅ **Volume:** Current 588K vs MA(5) 355K - shows interest

✅ **Price Action:** How it behaves at $40.19

✅ **Market Sentiment:** Overall crypto market direction

Risk Management Tips**

1. Wait for CONFIRMATION before entering

2. Use proper position sizing

3. Consider partial profits at first target

4. Be ready to adjust if market conditions change

**Remember:** This is a short-term trade setup. HYPE coin can be volatile - trade carefully!