HYPE — Golden Pocket Setup

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HYPE — Golden Pocket SetupHYPEUSDT SPOTBYBIT:HYPEUSDTSiDecHYPE printed a Head & Shoulders pattern, followed by the neckline break and retest, which gave us the continuation lower. HYPE is now approaching an important area around $84, where we have the Monthly Open lining up with the 0.618 Fib retracement. This gives us an interesting low-risk long setup, with a clear invalidation just below the anchored VWAP + Golden Pocket. Best is to DCA into the position between $85 and $83 rather than trying to catch the exact bottom. If the zone holds, this long could develop into a nice swing trade, with $100 as the main target, giving HYPE another attempt at that psychological level. Key levels:
 Monthly Open: $84.22
 Entry zone: $85–$83
 Target: $100
 Invalidation: Below AVWAP / Golden Pocket _________________________________ 💬 If you found this helpful, drop a like and comment!