HYPE Is Back at $60 – The Real Test Starts Here

HYPE traded close to $60 across major markets at the time of writing. It has pushed above the 0.382 Fibonacci retracement at $59.5, yet the daily chart still places three nearby obstacles above the current price.

The important distinction is simple: $59.5 now marks the level buyers need to hold, while the moving averages and channel ceiling determine whether the recovery can continue.

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