Hypeusdt trading idea

2月9日

HypeUSDT is exhibiting a potential bullish pennant structure, with price having completed five wave legs within the formation and now awaiting a decisive breakout from the triangle body.

The main plan is to accumulate within the primary accumulation zone, which remains valid as long as price stays above $19. A confirmed close below this level would invalidate the structure and shift focus to the re-accumulation area, presenting a long-term accumulation opportunity.

If price respects the initial setup, a sharp move toward the $28.11 resistance level is expected, with a breakout above this zone likely to trigger strong bullish momentum, targeting $54 to $58 in the mid-to-long term.

The market structure remains favorable for an upward expansion, and price reaction at these critical levels will determine the next major move.

What are your thoughts on this setup?

3月1日

交易進行

Hype symmetrical triangle break down, the final downward target is provided.

3月15日

交易結束：目標達成

Downside target achieved.

5月24日

註釋

The upside journey began from the secondary re-accumulation zone and since then the rally has been massive.