Hypecoin has officially flipped the $20 resistance into support — a key SR level that marks bullish continuation in the current trend structure.
Market Structure: Price is printing higher highs and higher lows.
SR Flip: $20 resistance now acting as daily support.
Fibonacci Confluence: 0.618 Fib aligns with $20, strengthening support zone.
Next Target: $29 — a potential 41% move from current levels.
If price retests the $20 area and holds, it will confirm a bullish SR retest with Fib support, increasing the probability of rotation up toward $29. Traders should monitor how price reacts around the $20 mark — failure to hold could invalidate the short-term bullish setup, but as long as that level holds, momentum remains upward.
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