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BTCC / BTCC Square / Global Cryptocurrency /
HYPE Tests Key Resistance Amid Bullish Technical Signals

HYPE Tests Key Resistance Amid Bullish Technical Signals

Author:
Global Cryptocurrency
Published:
2025-05-06 05:43:02
11
2

HYPE’s price action shows an ascending triangle formation NEAR the $21 resistance level, a classic bullish pattern. The token trades at $20.31 with $100.25M in 24-hour volume as traders anticipate a potential breakout.

Technical indicators reinforce Optimism - RSI and MACD both suggest growing momentum. This aligns with improving sentiment across crypto markets after recent volatility. Market participants now watch whether HYPE can convert this technical setup into a sustained uptrend.

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