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Lingrid | HYPEUSDT Potential Continuation After Pullback

421
HYPEUSDT is bouncing from a higher low near the 42.070 zone after breaking a descending flag pattern. Price action remains above the ascending support trendline while pressing into a key structure retest. As long as HYPE stays above 42, a bullish leg toward the 49.700 resistance remains likely. Structure suggests a resumption of the impulse phase within the broader uptrend.

📉 Key Levels
  • Buy trigger: Clean breakout above 45.00
  • Buy zone: 41.5 – 43.0 (support + flag bottom)
  • Target: 49.700
  • Invalidation: Close below 40.00

💡 Risks
  • Breakdown below the ascending support would weaken the bullish setup
  • Failure to reclaim mid-flag resistance may lead to deeper consolidation
  • Broader market weakness in altcoins could delay breakout momentum

If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!


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