#HYPE /USDT Trade Update
TP1 Achieved! đ
Hamne apne pehle take-profit target ($38.45) ko successfully hit kar liya hai.
Current Situation Analysis:
- Price: $38.41 (Mark Price $38.394)
- 24h Range: $36.809 - $39.500
- Market showing -1.15% correction from recent levels
Should We Hold for TP2 ($39.00) and TP3 ($39.50)?
Reasons to Consider Holding:
âď¸ Volume strong (332M USDT 24h volume) - supports momentum
âď¸ Next resistance at $39.00 reasonable target
âď¸ Previous high at $39.50 could act as magnet if momentum continues
Caution Factors:
â ď¸ MACD showing positive but weakening (DIF: 0.228, DEA: 0.175)
â ď¸ Price currently below 5MA (57,317 vs current vol 13,223)
â ď¸ Overall market sentiment check needed
Recommended Action:
1. Partial Profit Booking: 30-50% position close at TP1 (smart money management)
2. Adjust Stop-Loss to $37.80 (breakeven or small profit level)
3. Monitor Volume: If volume declines significantly, consider exiting
4. Watch $38.45 Level: If price fails to hold above, may signal weakness
Final Decision:
If you are risk-tolerant and the market momentum continues, you can hold for TP2 ($39.00) and TP3 ($39.50) with a reduced position size (partial profit booking).
For conservative traders, taking full exit at TP1 ($38.45) is also a reasonable choice to lock in profits safely.
(Adjust stop-loss to $37.80 and monitor volume/price action for confirmation.)