Technical analysis by SpecuVisionary about Symbol HYPE: Buy recommendation (5/9/2025)

SpecuVisionary

The H HYPE/USDT chart just broke through key resistance levels with a massive green thrust, pushing past $21.89 and rocketing above $25.50 — levels we haven’t seen since February. Here’s why this breakout matters: ✅ Reversal Confirmation: We’ve been in a textbook downtrend from February through early April, but notice the clean series of higher lows and higher highs building over the past month. This isn’t just a bounce — it’s a structural trend shift. ✅ Dynamic Resistance Flipped: Both the $21.89 and $17.43 dynamic resistances (marked on the chart) were cleanly smashed and are now acting as support. This flip is crucial because it shows buyers aren’t just testing — they’re claiming territory. ✅ Volume and Candle Strength: Look at the size of those recent green bars: big-bodied candles, minimal wicks, aggressive closes. That’s momentum money stepping in. ✅ Sentiment Surge: The ticker is literally called HYPE , but this is real hype — we’re watching the market front-run the rest of retail, setting up for a potential FOMO wave once we breach $27–$28 (Yearly High region). But Here’s the Caution: ⚠️ We’re entering a high-liquidity hunting zone between $25.50 and $28. This is where algorithms often bait breakout traders, whip back, and refill lower.