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HYPE's recent trend has caught my interest. My plan is to try going long at the 23.6 level, then observe how it performs at the key points of 25.3 and 26.2.
For stop-loss, I would place it below 23.2, based on the FVG gap theory. This way, risk management is clearer.
Honestly, the reason I am interested in this coin is mainly because I noticed some big players, like Majiji and other whales, have been opening long positions here recently, which suggests they are confident about the future market. While I can't follow blindly, these capital flow signals are still worth considering.
Would like to hear everyone's thoughts on HYPE's direction? Especially whether the technical analysis supports this bullish idea.