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$HYPE is maintaining a strong uptrend after a sharp move from $34 to $37, now consolidating around $36.4, which suggests healthy bullish continuation. For swing traders, the current structure shows higher lows forming, indicating buyers are still controlling momentum and a breakout above $37 could trigger the next leg toward $38+.
Trade Setup:
Entry: $36.0 – $36.4
Target: $37.5 / $38.2
Stop-loss: $35.6
This type of consolidation after a strong impulse move is usually a sign that the market is building energy for the next push. As long as price continues to respect the higher-low structure, the bullish bias remains intact.
Keep an eye on volume around the $37 level — a clean breakout with strong buying pressure could accelerate the move quickly. Patience and disciplined risk management are key here. If momentum kicks in, this setup has the potential to deliver a smooth continuation move. 📈🔥#StablecoinMarketCapHitsANewHigh