Analysis Description:
The HYPE/USDT pair is currently forming a descending triangle pattern on the 1D timeframe — a classic technical setup that often signals a strong upcoming price move, either upward or downward.
🔶 Strong Support Block:
The yellow horizontal zone between 33.500 – 36.785 USDT represents a solid support area where price has repeatedly bounced with strong volume. This zone is ideal for monitoring buy-back opportunities if price pulls back.
📉 Descending Resistance Line:
A descending trendline has been acting as dynamic resistance. A breakout above this line could trigger a significant bullish continuation.
🎯 Upside Targets (If Breakout Occurs):
Target 1: 38.800 USDT (minor resistance)
Target 2: 42.068 USDT (mid-range target)
Target 3: 45.800 USDT (major resistance / previous high)
📌 Trading Strategy:
Conservative Entry: Buy on support re-test within the 33.500 – 36.785 USDT zone.
Aggressive Entry: Buy after a confirmed daily breakout above the descending trendline.
Stop Loss: Below the support block, around 33.000 USDT.
💡 Additional Note:
Watch for increased volume during the breakout — this would validate the move and confirm strong momentum. If the breakout fails, expect further sideways consolidation within the current range.
#HYPE #HYPEUSDT #AltcoinBreakout #CryptoChart #TechnicalAnalysis #CryptoTrading #DescendingTriangle #BullishSetup #CryptoCommunity
The HYPE/USDT pair is currently forming a descending triangle pattern on the 1D timeframe — a classic technical setup that often signals a strong upcoming price move, either upward or downward.
🔶 Strong Support Block:
The yellow horizontal zone between 33.500 – 36.785 USDT represents a solid support area where price has repeatedly bounced with strong volume. This zone is ideal for monitoring buy-back opportunities if price pulls back.
📉 Descending Resistance Line:
A descending trendline has been acting as dynamic resistance. A breakout above this line could trigger a significant bullish continuation.
🎯 Upside Targets (If Breakout Occurs):
Target 1: 38.800 USDT (minor resistance)
Target 2: 42.068 USDT (mid-range target)
Target 3: 45.800 USDT (major resistance / previous high)
📌 Trading Strategy:
Conservative Entry: Buy on support re-test within the 33.500 – 36.785 USDT zone.
Aggressive Entry: Buy after a confirmed daily breakout above the descending trendline.
Stop Loss: Below the support block, around 33.000 USDT.
💡 Additional Note:
Watch for increased volume during the breakout — this would validate the move and confirm strong momentum. If the breakout fails, expect further sideways consolidation within the current range.
#HYPE #HYPEUSDT #AltcoinBreakout #CryptoChart #TechnicalAnalysis #CryptoTrading #DescendingTriangle #BullishSetup #CryptoCommunity
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✅ Get Free Signals! Join Our Telegram Channel Here: t.me/TheCryptoNuclear
✅ Twitter: twitter.com/crypto_nuclear
✅ Join Bybit : partner.bybit.com/b/nuclearvip
✅ Benefits : Lifetime Trading Fee Discount -50%
✅ Twitter: twitter.com/crypto_nuclear
✅ Join Bybit : partner.bybit.com/b/nuclearvip
✅ Benefits : Lifetime Trading Fee Discount -50%
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。