HYPE token faces a make-or-break moment at $45 support after breaking a descending trendline. The next few sessions could determine whether HYPE rockets toward $50 or tumbles back to $41 in this textbook technical setup.
HYPE Price Tests Crucial $45 Support After Trendline Break
The HYPE/USDT pair has broken above a descending trendline and is testing the critical $45 zone. According to @Pinnacle_Charts, this level represents a classic resistance-turned-support scenario.
Trading around $43.58 with session highs at $43.74 and lows at $43.52, HYPE shows tight consolidation. The $45 level is crucial – it's where previous selling pressure emerged, making it a key psychological barrier for bulls.
If HYPE holds above $45, analysts eye a rally toward $47-$50, representing roughly 15% upside from current levels.
What Happens If HYPE Price Support Cracks?
If the $45 support fails, HYPE faces a drop to $41.02 – a 6% decline from current prices. A deeper breakdown could push the price toward $37.50.
For bulls to succeed, HYPE needs sustained volume and a decisive break above $47. Without these, the breakout risks becoming a bull trap as the price retreats to lower support levels.
Trang này có thể chứa nội dung của bên thứ ba, được cung cấp chỉ nhằm mục đích thông tin (không phải là tuyên bố/bảo đảm) và không được coi là sự chứng thực cho quan điểm của Gate hoặc là lời khuyên về tài chính hoặc chuyên môn. Xem Tuyên bố từ chối trách nhiệm để biết chi tiết.
Hype Coin at Critical Crossroads: $50 Rally or $41 Crash Incoming?
HYPE token faces a make-or-break moment at $45 support after breaking a descending trendline. The next few sessions could determine whether HYPE rockets toward $50 or tumbles back to $41 in this textbook technical setup.
HYPE Price Tests Crucial $45 Support After Trendline Break
The HYPE/USDT pair has broken above a descending trendline and is testing the critical $45 zone. According to @Pinnacle_Charts, this level represents a classic resistance-turned-support scenario.
Trading around $43.58 with session highs at $43.74 and lows at $43.52, HYPE shows tight consolidation. The $45 level is crucial – it's where previous selling pressure emerged, making it a key psychological barrier for bulls.
If HYPE holds above $45, analysts eye a rally toward $47-$50, representing roughly 15% upside from current levels.
What Happens If HYPE Price Support Cracks?
If the $45 support fails, HYPE faces a drop to $41.02 – a 6% decline from current prices. A deeper breakdown could push the price toward $37.50.
For bulls to succeed, HYPE needs sustained volume and a decisive break above $47. Without these, the breakout risks becoming a bull trap as the price retreats to lower support levels.