📉 HYPER Falls 5.39% to $0.1984 – Time to Buy? 🚨
HYPER price at $0.1984, down 5.39% with 16.46% volatility in 24H! Support $0.1950, resistance $0.2027. RSI neutral, MACD bearish. 💡 Scalp $0.1970–$0.2153, stop loss $0.1950. Bounce or more downside? What’s your take? 📊@BoldCompass
📌Insights for Traders
🧭Short-Term (Scalping/Day Trading):Entry Point: Buy on a dip to $0.1970–$0.1950 if the price holds above $0.1950 (confirm with volume and RSI rising above 40).
🧭Target Profit: Sell at resistance $0.2027–$0.2153.Stop Loss: $0.1950 to limit risk.Strategy: Use small timeframes (15M/1H) for scalping, capitalizing on a potential bounce from the current support level.
🧭Medium-Term (Swing Trading):Wait for a confirmed breakout above $0.2027 (MA(7)) with high volume for a long position, targeting $0.2153–$0.2271.If the price breaks below $0.1950, watch for a deeper correction to $0.1902 or $0.1800.Monitor project-specific news, such as updates from the Hyperliquid ecosystem, for additional catalysts.
Be cautious of further downside, especially with the bearish trend and high volatility.
Will HYPER rebound to $0.2153, or are we headed for a drop to $0.1902? Share your thoughts below! 👇
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DisclaimerThis analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency trading involves high risks, and prices can be highly volatile. Always conduct your own research and consider your risk tolerance before making any trading decisions.