$HYPE Update
Currently trading slightly above key confluent VWAP levels (30D VWAP at 37.53 and pWeek VWAP at 37.29), establishing short-term bullish momentum.
Bullish Scenario:
Maintain support above the 30D and pWeek VWAP (37.3–37.5) for continuation upward targeting 38.17 (dQuarter VAH) and potentially higher toward monthly extremes (~40).
Bearish Scenario:
Rejection back below 37.3 opens downside toward 7D VWAP at 36.17 and possibly lower toward weekly value area lows around 35.2–35.3.
Trade Plan:
Maintain long bias above 37.3, targeting 38.17 initially.
Short bias resumes below VWAP confluence at 37.3, targeting 36.17.