📊📈📉HYPE/USDT: The dormant beast is preparing to jump? Analyzing the chances for a new ATH

The HYPE coin shows interesting dynamics, drawing attention. Let's see if it has the strength to storm the peaks and set a new all-time high (ATH).

📈 Key chart data:

· Current price: ~$40.34
· Historical maximum (ATH): ~$64.41
· Key resistance: $48.00 - $50.00 zone. This is an area where the price has previously halted. Breaking through it is the first signal for continued growth.
· Key support: $38.40 (from 24h). Holding this level is critical for bulls.

🔍 Technical indicators:

· RSI (14): Around 60.2, indicating buying momentum but no signs of overbought conditions. There is room for growth.
· MACD: Histogram in positive territory (0.370), confirming an upward trend, but the signal line (DEA) is still above the fast (DIF), suggesting caution.
· Volumes: Trading volume is decreasing (MA5 and MA10 below peak levels), typical for a consolidation phase before a new move.

⚖️ Chances for a new ATH: High, but with caveats

Arguments FOR:

1. Steady growth: The price confidently stays within an upward channel after correction from high levels.
2. Solid base: The support level at $38.40 looks strong. Holding it creates a platform for the next surge.
3. Unexploited potential: Indicators are not in overbought territory, leaving "room for maneuver."

What could hinder:

· Resistance zone $48-$50: This is a serious barrier. If HYPE cannot break through with high volume, we may face a pullback and prolonged consolidation.
· Lack of volume: A powerful wave of buying is needed to break ATH, which we haven't seen yet.

💎 Conclusion:

HYPE looks like a strong candidate for growth. The probability of seeing a new ATH in the near future is quite high if the coin can:

1. Stay above $38.40.
2. Break through the level $50 with increased volume.

This would open the way to $64 and beyond. Keep an eye on these key levels!

Do you believe HYPE will set a new maximum? Are you betting on growth or waiting for a pullback? Share your opinion in the comments! 👇

#HYPE #HYPEUSDT