#HYPE/USDT potential of more gain at least toward 49.$

#HYPE

The price is moving in a descending channel on the 1-hour timeframe and is expected to break out and continue upwards.

We have a trend to stabilize above the 100-period moving average again.

We have a downtrend on the RSI indicator, which supports an upward move if it breaks above it.

We have a key support zone in green that pushed the price higher at 43.00.

Entry price: 43.72
First target: 45.00
Second target: 46.87
Third target: 49.23

For risk management, don't forget your stop-loss and money management.

The stop-loss is below the green support zone.

Upon reaching the first target, take some profit and then change your stop-loss order to an entry order.

For any questions, please comment.

Thank you.