HYPE — Uphill structure; watching the 48–51 pivot 🛡️📈

[theSignalyst]

HYPEUSDT remains overall bullish inside an ascending channel. After tagging the channel top, price pulled back and is now hovering around the structure zone ~48–51 (former reaction area).

A reclaim and hold above 48–51 would confirm buyers back in control. If so, I’ll look for continuation toward 55 then the channel top 60–62.

If price rejects the structure and breaks back under the channel’s mid/near-lower band (~43–44), I’ll step aside and watch 41 → 38 as the next supports and potential fresh long zones.

️ Wait for confirmation (e.g., strong 4H close back above 49–50 or a clean retest/flip) and manage risk.

All Strategies Are Good; If Managed Properly!
~Richard Nasr