Just noticed HYPE forming a pretty clean symmetrical triangle on the 2-day chart. Currently trading around $36, and if this breakout holds, the measured move target is sitting at $52.27. That's roughly a 45% move from here, which would be solid if it plays out. The thing that's got me watching this carefully though - the Chaikin Money Flow is still negative at -0.08, below zero. So while the symmetrical triangle setup looks technically sound on paper, the money flow isn't really backing it up yet. Might be worth keeping an eye on whether volume confirms this move or if it fizzles. Classic bearish divergence situation. Could go either way from here.

HYPE-1,15%
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