HYPE: Huge Inverse Head-Shoulder-Formation, Targets Activated!HYPEUSDT Perpetual ContractBYBIT:HYPEUSDT.PVincePrinceHello There, welcome to my new analysis about HYPE on the weekly timeframe perspective. In recent times, I have detected interesting altcoin setups that are likely to convert into profitable trading opportunities. One of them being HYPE, the coin recently emerged with strong bullish signals. As when looking at my chart, we can watch there how HYPE is trading within this gigantic ascending channel formation. The lower boundary already served several times as a strong support, with subsequent bullish expansions towards the upside following a bounce in the areas. Recently, HYPE already continued to form the massive inverse head-and-shoulder formation. As seen in my chart, the formation was completed recently. Since then, HYPE has settled with strong bullish movements above the 50-EMA in blue and the 20-EMA in green, providing a strong bullish setup. From here on, HYPE activated the upper bullish h-s target zones as marked in my chart. With accelerating bullish momentum and volatility, these targets will be reached sooner rather than later. Once the final target has been reached, further assumptions about the continuation will be important. In this manner, thank you a lot for watching! The support is highly appreciated. VP