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$HYPE is showcasing intense bullish momentum after a major explosive rally from the 38.160 support level, currently holding strong around 57.921.
Even though the price faced a slight rejection near the peak of 62.927, the overall structural trend remains aggressively upside as the price trades well above the key moving averages (WMA5, WMA10, and WMA20).
A minor consolidation or healthy retest of the immediate moving average support could provide a solid foundation for the next leg up.
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