The 1-hour HYPE/USDT chart shows a strong bullish market structure after breaking out of a previous consolidation and recovering from a falling channel. Price is now respecting an ascending trendline, indicating buyers remain in control.
The highlighted support zone around 68.00–68.40 serves as a key demand area. As long as price holds above the rising trendline and support, the bullish momentum is expected to continue toward the target at 73.58.
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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.