$HYPE Just Shifted Structure — Retest Will Decide the Next Rally



Using the line chart to track the true structural flow of price, HYPE has now broken above the descending trendline resistance — a key shift that signals the first major structural improvement in weeks.

After the breakout, price is pulling back gradually, which is normal behavior as the market retests the breakout zone. The previous trendline resistance is expected to flip into a strong support area, with the reaction zone sitting between $34.215 and $33.453.

If buyers maintain control and the retest holds, the structure favors a continuation move toward the upside.

The next major price magnets sit at the two target levels above:

•Target 1: $43.101
•Target 2: $46.673

A clean bounce from the retest zone would confirm bullish continuation and open the path toward these objectives.

#HYPE #CryptoAnalysis #Altcoins #MailsChart
HYPE0.01%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)