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$HYPE Update:
🚗 Mobile Take Profit: 35.76 (even if the stop-loss is hit, it is still in profit)
🎯 Partial Take Profit Target: 40.247
Below is the analysis:
In our previous post, we successfully went long on HYPE. Later, we moved the take profit to SL2BE (break-even), so even if the market doesn’t go as expected, we won’t lose.
As the market continues to develop, HYPE on the HTF ( higher time frame ) has broken through the 0.328 level, and is currently retracing.
There is a very high probability of entering 0.618 (40.247), and here we will take partial profits.
At the same time, we move the take profit and stop loss upward, moving it slightly closer to 35.76. This way, even if the market suddenly turns downward, we remain in profit.
$HYPE