$HYPER in a Tight Squeeze – Breakout Brewing or Bull Trap Ahead?
$HYPER is currently trading at $0.1897, hovering near local resistance after a strong intraday bounce from the $0.1880 zone. The volume profile shows rising buyer interest, but bulls must clear immediate barriers to confirm momentum.
Key Levels to Watch:
Resistance Zones:
• $0.1900 – Local resistance (upper range cap)
• $0.1920 – Next upside target if breakout occurs
Support Zones:
• $0.1880 – First intraday support
• $0.1860 – Deeper pullback level
• $0.1808 – 24H low and critical support base
Trade Setup – Be Ready for Either Direction:
Bullish Entry:
A clean break above $0.1900 may trigger further upside. Watch for:
• TP1: $0.1920
• TP2: $0.1955
Bearish Entry:
Failure to hold above $0.1880 could spark downside pressure toward:
• TP1: $0.1860
• TP2: $0.1808
Stop-Loss:
For longs, place SL below $0.1880; for shorts, SL above $0.1905 to protect against fakeouts.