$HYPE 1H TF. The asset has reached an important support zone. Significant buying activity was previously observed in this area. Here are the Order Block on the 1 hour, FVG, and a strong support level, which increases the likelihood of growth.

A change in market structure (ChoCH / #MarketStructure / #SMC) has been noted, which may indicate a potential trend reversal. If the current range holds, the price may recover and reach the nearest liquidity zones (#Liquidity).

Take-profits:

• TP1 — 31 822 USDT: the first liquidity zone and 1H Order Block (#OrderBlock)

• TP2 — 35 652 USDT: key resistance and FVG (#FVG)

• TP3 — 38 492 USDT: long-term target and potential sell zone

#Crypto #CryptoTrading #SmartMoney #PriceAction #Intraday #LongSetup #BuyZone #RiskManagement #TakeProfit $BTC

HYPE
HYPEUSDT
30.72
+4.68%