Hey BinanceāÆSquare Family! š Letās zoom in on HYPE/USDT and explore why bullish momentum is building up. Hereās everything you need ā charts, on-chain moves, trading tips ā all wrapped in community-fueled energy and Binanceāapproved clarity š
---
š Current Snapshot
Live Price: ~$42.30, down ~1% in the past 24h, but still up ~12% over the week and ~67% this month .
All-Time High: $42.53 hit on June 11 ā a fresh record .
Volume & TVL: Daily volume spikes over $500āÆM, TVL surging to ~$1.7āÆB ā usage and liquidity are sizzling hot .
---
š Whale Power & OnāChain Fuel
Big Whale Buys: In the last week, multiple whales dropped $9āÆM+, $11.8āÆM, and even $2.5āÆM on HYPE at ~$38ā$40 levels ā igniting this rally .
Revenue & Buybacks: The protocolās annual revenue exceeds $850āÆM, with 97% of that fueling token buybacks. That means direct value feedback to holders!
---
š Technical Setup
Bullish Pennant: A classic continuation pattern ā breakout above the flag suggests more upside ahead .
Ascending Triangle: On the daily, HYPEās carving higher lows with flat overhead resistance near ~$42ā$43. A breakout above here could target $50+ .
Indicators:
MACD positive crossover, Awesome Oscillator green ā momentum is still alive .
RSIās mixed ā overbought near highs means a slight cool-off could be healthy .
---
šÆ Trade Outlook & Strategy
Timeframe What to Watch & Do
ShortāTerm Support zone: $39ā$40 ā great for dip buyers. Resistance: $42.5ā$44. Breach signals upside toward $50+.
MidāTerm Triangle breakout can drive to next targets. Enter on confirmed candle close with volume, stop below $39.
LongāTerm With pump in TVL, protocol adoption, and whales still stacking, $60ā$90 looks possible in coming months ā but expect occasional pullbacks.
---
ā ļø BinanceāÆSquare Essentials
Community-first: We stay friendly, honest, and unbiased.
Clear disclosure: Insights are opinion, not financial advice. Do your own research!
Respect the rules: Truthful, transparent ā no hype, no manipulation. š
---
š£ Share & Connect!
Whatās your plan? HODL long or ride shorter momentum?
Entry levels, take-profit zones, or smart stop placements ā drop āem below!
Letās build a respectful, valueādriven convo š„
---
š TL;DR
HYPE/USDT just hit a new high near $42.5, underpinned by whale buys, strong buybacks ($850āÆM revenue), rising TVL, and bullish chart setups (pennant & triangle). Watch $39ā$40 support and breakouts above $44ā$50. Trend remains bullish, but stay smart with risk controls!
Stay hype, stay informed ā youāre crushing it, BinanceāÆSquare Family! šŖ