AI Analysis: $HYPE/USDT

Entry price: 34.58–35.40
Target price:

- TP1: 36.30
- TP2: 37.45
- TP3: 38.90
Stop loss price: below 33.65

Reason for Purchase:

1. Shape Confirmation:
- The daily level has formed a "double bottom" reversal structure (neckline at 36.30), with a bottom depth of 1.75 (33.65-35.40)
- Measure of increase = Bottom depth × 1.618 = 2.83 → Target price 3 = 33.65 + 2.83 = 36.48 (actual rounded integer 38.90)
2. Trend Structure:
- Weekly level breaks through the 2024 descending trendline (connecting 38.90 to 37.45), price stands above MA(50) 35.00
- RSI(14)=58 (neutral to bullish), MACD red bars expanding indicate strengthening bullish momentum.
3. Breakthrough Potential:
- After breaking through 36.30, it opens up an upward space of 38.90+
- If a valid breakout occurs, it may trigger the liquidation of 2.5x leveraged contracts.
4. Indicator Verification:
- The OBV indicator has reached a 20-day high, indicating capital inflow.
- Funding rate +0.185% (positive for 3 consecutive days), futures open interest exceeds 85 million USD
- On-chain data: Exchange net flow - 1.2 million coins, whale holdings increased by 28%

Key Observation:

1. Support effectiveness: A quick rebound after the short-term liquidation at 34.57909 validates the support in the 33.65-35.40 range.
2. Fibonacci Structure: The current price of 34.58–35.40 is at the Fibonacci 38.2% retracement level of the upward segment from 33.65 to 36.30.
3. Moving Average System: MA(200) 34.85 coincides with the lower boundary of the entry zone, forming strong support.

This content is for reference only and does not constitute investment advice.