HYPE Trade Setup

The higher timeframe is showing strong HYPE momentum, and based on the current Technical Analysis, this looks like a solid entry opportunity with a tight Stop Loss (SL).

The price is now trading at the Naked Point of Control (NPoC), which is a key level to watch. Additionally, there’s a potential resistance trendline that could come into play, so keep an eye on how the price reacts around this area.

This setup offers a great risk-reward ratio, and if the price breaks through the resistance levels, we could see some serious upside potential. Always manage your risk and trade responsibly!