The correction is over! After a massive pump and a healthy pullback from the $0.68 peak, HYPER has found solid ground and is now showing the first powerful signs of a new uptrend. The bulls are taking back control.
Don't let the recent dip fool you; the momentum has reversed, and the next wave is beginning.
š The Bullish Case (Why The HYPER Rally Is Resuming)
š¹ Higher Low Confirmed: The price has successfully formed a higher low around the $0.46 level. This is a classic, powerful signal that the downtrend is over and a new bullish structure is being built.
š¹ Momentum Reversal: The strong surge from the recent low demonstrates a decisive shift in momentum. Buyers have absorbed the selling pressure and are now driving the price higher with conviction.
š¹ Downtrend Broken: The corrective downtrend from the peak has clearly been invalidated. The market is no longer looking down; it's setting its sights on the previous highs.
š¹ Fantastic Risk/Reward: Entering after a confirmed higher low provides an incredible risk-to-reward ratio. Your potential upside to re-test the highs is huge compared to a tight stop below the recent low.
š The Trade Recommendation:
This is a classic "buy the higher low" reversal setup. The signs are pointing to significant upside continuation.
ā BUY: In the current zone of $0.5350 ā $0.5450
šÆ TP1: $0.6000 (First major area of resistance)
šÆ TP2: $0.6800 (Re-test of the recent high)
š SL: $0.4800 (A secure stop below the recent higher low)
š„ The Bottom Line: The healthy pullback is complete, the bullish reversal is confirmed, and this is your chance to get on board at the very beginning of the next major leg up for HYPER.
š Will HYPER make a new all-time high this week? Let me know! š
ā¤ļø Like if you're bullish on this HYPER reversal, and follow for more explosive setups
