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$HYPE is getting defended around the 28.2–29.6 zone. I’m seeing buyers stepping in as selling pressure eases, and downside attempts are getting caught quickly. Rebounds are starting to carry better follow-through, showing that buyers are quietly rebuilding positions. As long as demand remains active, continuation higher is likely.

TRADE SETUP

Pair: $HYPE

Direction: Long

Entry Zone:

28.2 – 29.6

Target Points:

1. 31.2

2. 33.4

3. 35.8

Stop Loss:

26.9

WHY THIS SETUP WORKS

This setup works because the market is holding support and bids are showing up consistently. Price is forming a base while selling pressure fades, which increases the probability of continuation higher.

Targets align with prior resistance levels and areas where buyers are likely to push price further. If price breaks below 26.9, the bullish thesis fails, and I exit.

I’m entering near support, managing risk tightly, and letting the buying structure guide the move higher. Clear levels. Defined stop. Structured execution.

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