DeGRAM | HYPEUSD formed the triangle

📊 Technical Analysis
● Price is coiling inside a fresh symmetrical triangle perched on the rising-channel mid-band (38.3 USDT); higher lows since 30 Jun show demand absorbing offers at support.
● A triangle breakout above 40.0 would reopen the run to the channel roof / June high at 43.8, while channel base is climbing through 36.0—creating a favourable risk-to-reward floor.

💡 Fundamental Analysis
● KuCoin’s 8 Jul launch of HYPE perpetuals and news of a GameFi partnership with Immutable X lifted spot volume 40 % w-w, hinting at fresh speculative inflows.

✨ Summary
Buy 38.0–39.0; sustained bid over 40.0 targets 43.8. Invalidate on a 4 h close below 36.0.

-------------------

Share your opinion in the comments and support the idea with a like. Thanks for your support!