🚀 $HYPER /USDT - Strong Recovery and Cup Pattern!
The pair $HYPER is witnessing a strong rebound after a deep correction, forming a clear cup-shaped recovery on the daily chart. The last candle closed with a gain of +47% and strong trading volume, indicating renewed bullish interest.
📈 Long-term Entry Area:
0.5000 - 0.5300 USD
🎯 Take Profit Targets (TP):
0.5700 USD
0.6200 USD
0.6800 USD
0.7500 USD
0.8500 USD and above
🛑 Stop Loss (SL):
0.4200 USD (below the previous consolidation level)
📊 Technical Notes:
Strong bullish engulfing candle
Breakout volume confirms the accumulation breakout
Formation of a cup pattern with the potential to reach the support level before the next rise
Resistance ahead at the previous high around 0.6899 USD
📝 Note: If the price of $HYPER maintains its level above 0.50 USD and consolidates, bulls may target new all-time highs. Watch for retests on lower time frames or strong pullbacks before re-entering.
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