📍#HYPE Technical Analysis (2025/06/20)
HYPE is chopping around 35.89 support today with shrinking volume, bulls and bears in stalemate; wait for a breakout with volume before deploying capital.
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[Timeframe] 1D
Trend: Range-bound bearish, trading below EMA9/21/200, daily RSI near 50, MACD negative bars contracting; range ~36.6–45.2.
🔹 Long Info
🛑 Stop Loss: 32.00 (break for shorts)
🟢 Add Long: 36.60(triggered), 34.00
🚀 Breakout Entry: 42.08
🎯 Take Profit: 45.23, 50.00, 60.00
🔻 Short Info
🛑 Stop Loss: 42.08 (break for longs)
🟢 Add Short: 38.00, 42.08
🚨 Breakdown Entry: 32.00
🎯 Take Profit: 30.00, 25.00, 20.00
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[Timeframe] 4H
Trend: Bearish consolidation under a descending channel and 200EMA; Stochastic turning down, short-term bears have the edge.
🔹 Long Info
🛑 Stop Loss: 35.89 (break for shorts)
🟢 Add Long: 36.20, 35.89
🚀 Breakout Entry: 45.23
🎯 Take Profit: 45.23, 50.00, 60.00
🔻 Short Info
🛑 Stop Loss: 45.23 (break for longs)
🟢 Add Short: 38.50, 42.08
🚨 Breakdown Entry: 35.89
🎯 Take Profit: 30.63, 21.20, 9.73
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[Timeframe] 1H
Trend: Range-bound bearish, trading below VWAP and short EMAs; RSI ~40, MACD flat, no clear short-term trend.
🔹 Long Info
🛑 Stop Loss: 35.89 (break for shorts)
🟢 Add Long: 35.89(triggered), 36.78
🚀 Breakout Entry: 39.96
🎯 Take Profit: 41.47, 45.23, 50.00
🔻 Short Info
🛑 Stop Loss: 39.96 (break for longs)
🟢 Add Short: 38.00, 39.00
🚨 Breakdown Entry: 35.89
🎯 Take Profit: 34.00, 32.00, 30.00
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[Strategy Summary]
Recommendations:
1. On the daily, bearish range 36.6–45.2; sell near the top and buy near the bottom. Short below 36.6; switch to longs above 45.2.
2. On the 4H, bears dominate below the descending channel; 35.89 is key support – short on breakdown, scale in shorts at 38 on any relief rally; consider longs only above 45.23.
3. On the 1H, no clear short-term trend – stay on the sidelines until a decisive breakout above 39.96 or breakdown below 35.89 before layering in to minimize chop.
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