Technical analysis by Lingrid about Symbol HYPE: Buy recommendation (19 hour ago)

The price perfectly fulfilled my previous idea . HYPEUSDT is holding above 55 after rebounding from the 53.5 support zone and respecting the upward trendline. The chart shows strong bullish momentum, with buyers eyeing the 60 resistance level, which also aligns with the upper boundary of the resistance zone. A breakout above 60 would open the path toward the 64–66 target area inside the broader channel. As long as 53.5 holds as support, the bias remains to the upside. ⚠️ Risks: A breakdown below 53.5 could trigger a correction toward 47.8. Crypto market volatility driven by Bitcoin dominance shifts may impact momentum. Failure to sustain volume near 60 could cause rejection and consolidation back inside the channel. If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!