The HHYPE/USDT chart just broke through key resistance levels with a massive green thrust, pushing past $21.89 and rocketing above $25.50 — levels we haven’t seen since February.
Here’s why this breakout matters:
✅ Reversal Confirmation:
We’ve been in a textbook downtrend from February through early April, but notice the clean series of higher lows and higher highs building over the past month. This isn’t just a bounce — it’s a structural trend shift.
✅ Dynamic Resistance Flipped:
Both the $21.89 and $17.43 dynamic resistances (marked on the chart) were cleanly smashed and are now acting as support. This flip is crucial because it shows buyers aren’t just testing — they’re claiming territory.
✅ Volume and Candle Strength:
Look at the size of those recent green bars: big-bodied candles, minimal wicks, aggressive closes. That’s momentum money stepping in.
✅ Sentiment Surge:
The ticker is literally called
HYPE, but this is real hype — we’re watching the market front-run the rest of retail, setting up for a potential FOMO wave once we breach $27–$28 (Yearly High region).
But Here’s the Caution:
⚠️ We’re entering a high-liquidity hunting zone between $25.50 and $28. This is where algorithms often bait breakout traders, whip back, and refill lower.
Here’s why this breakout matters:
✅ Reversal Confirmation:
We’ve been in a textbook downtrend from February through early April, but notice the clean series of higher lows and higher highs building over the past month. This isn’t just a bounce — it’s a structural trend shift.
✅ Dynamic Resistance Flipped:
Both the $21.89 and $17.43 dynamic resistances (marked on the chart) were cleanly smashed and are now acting as support. This flip is crucial because it shows buyers aren’t just testing — they’re claiming territory.
✅ Volume and Candle Strength:
Look at the size of those recent green bars: big-bodied candles, minimal wicks, aggressive closes. That’s momentum money stepping in.
✅ Sentiment Surge:
The ticker is literally called
HYPE, but this is real hype — we’re watching the market front-run the rest of retail, setting up for a potential FOMO wave once we breach $27–$28 (Yearly High region).But Here’s the Caution:
⚠️ We’re entering a high-liquidity hunting zone between $25.50 and $28. This is where algorithms often bait breakout traders, whip back, and refill lower.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.