𝗛𝗬𝗣𝗘 𝗨𝗣 𝗢𝗥 𝗗𝗢𝗪𝗡?
My call: DOWN.
HYPE just got rejected near the $98 ATH and the short-term structure has started weakening.
The level I’m watching is $92.65.
That’s the 23.6% Fib retracement from the recent $75.19 → $98.04 move. If HYPE loses that level, the next technical area is around $89.30.
Momentum is backing the setup too: RSI has cooled below 50 and MACD has crossed bearish, while HYPE is trading below several short-term moving averages.
Yes, the bigger trend is still strong.
But for today’s market, I’m more interested in the immediate momentum than the long-term trend.
Call: DOWN.
Market: HYPE Up or Down— September 24
Check it out here: https://t.co/9pFmx2sRE9
𝗛𝗬𝗣𝗘 𝗨𝗣 𝗢𝗥 𝗗𝗢𝗪𝗡?
My call: DOWN.
HYPE just got rejected near the $98 ATH and the short-term structure has started weakening.
The level I’m watching is $92.65.
That’s the 23.6% Fib retracement from the recent $75.19 → $98.04 move. If HYPE loses that level, the next technical area is around $89.30.
Momentum is backing the setup too: RSI has cooled below 50 and MACD has crossed bearish, while HYPE is trading below several short-term moving averages.
Yes, the bigger trend is still strong.
But for today’s market, I’m more interested in the immediate momentum than the long-term trend.
Call: DOWN.
Market: HYPE Up or Down— September 24
Check it out here: https://t.co/9pFmx2sRE9
𝗛𝗬𝗣𝗘 𝗨𝗣 𝗢𝗥 𝗗𝗢𝗪𝗡?
My call: DOWN.
HYPE just got rejected near the $98 ATH and the short-term structure has started weakening.
The level I’m watching is $92.65.
That’s the 23.6% Fib retracement from the recent $75.19 → $98.04 move. If HYPE loses that level, the next technical area is around $89.30.
Momentum is backing the setup too: RSI has cooled below 50 and MACD has crossed bearish, while HYPE is trading below several short-term moving averages.
Yes, the bigger trend is still strong.
But for today’s market, I’m more interested in the immediate momentum than the long-term trend.
Call: DOWN.
Market: HYPE Up or Down— September 24
Check it out here: https://t.co/9pFmx2sRE9
𝗛𝗬𝗣𝗘 𝗨𝗣 𝗢𝗥 𝗗𝗢𝗪𝗡?
My call: DOWN.
HYPE just got rejected near the $98 ATH and the short-term structure has started weakening.
The level I’m watching is $92.65.
That’s the 23.6% Fib retracement from the recent $75.19 → $98.04 move. If HYPE loses that level, the next technical area is around $89.30.
Momentum is backing the setup too: RSI has cooled below 50 and MACD has crossed bearish, while HYPE is trading below several short-term moving averages.
Yes, the bigger trend is still strong.
But for today’s market, I’m more interested in the immediate momentum than the long-term trend.
Call: DOWN.
Market: HYPE Up or Down— September 24
Check it out here: https://t.co/9pFmx2sRE9
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• Follow @ArcBrokerNFT & @zealogxyblog
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