š#hype Analysis:
$HYPE has been forming a falling wedge pattern on the daily chart ā a bullish setup that often signals a potential trend reversal. Recently, $HYPE has bounced from the wedgeās lower boundary with notable volume and is now testing the upper trendline.
If $HYPE can break and close above the wedge resistance with sustained volume, it could confirm a breakout and open room for a recovery toward the 46ā48 zone. However, failure to hold above the EMA-9 could lead to another retest of the wedgeās lower boundary before any strong upside move.

HYPEUSDT
Trajne ter. pog.
25.71
+6.36%