HYPE/USDT Pullback Into Golden Fibonacci Zone – Potential Bounce

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HYPE is currently retracing into a strong Fibonacci support zone between 0.618 and 0.786, which often acts as a key area for trend continuation.

After a strong bullish impulse, price corrected into this demand zone and has already shown signs of reaction from buyers. This region could serve as a potential accumulation area before the next move upward.

Key Levels

🔹 0.618 Fib: 27.35 – Immediate support
🔹 0.786 Fib: 24.35 – Major support zone

Bullish Scenario

If price holds above the 0.618 level, we could see a continuation toward:

30.00 – Local resistance

32.00 – 33.00 – Previous supply zone

Break above → Potential move to new highs

Bearish Scenario

If the 0.618 support fails, price may drop deeper into the 0.786 support near 24.35 before the next reaction.

⚠️ Always wait for confirmation and manage risk properly.

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