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HYPE's recent performance is worth paying attention to. The price has just effectively broken through the long-term downward trend line of resistance, which is no small matter—it's a confirmation signal of a trend reversal.
Looking back at the candlestick chart, the range between $24 and $26 experienced a relatively long period of consolidation, with funds continuously accumulating energy. Now, buy orders have clearly surpassed sell orders, and signs of ongoing capital inflow are very evident.
From a technical perspective, the upward potential formed by previous high and low points points to $43. Based on this logic, the current price of $26.598 is a relatively clear entry point. If the current strong buying pattern can be maintained, the upward space is quite considerable.