A new round of 15% global temporary tariffs in the US takes effect on February 24th. The Federal Reserve signals a hawkish stance again, putting overall pressure on the crypto market. However, HYPE is breaking records with platform launch results trading and single-day revenue, defying the trend and showing some strength.
Technical analysis on the 1-hour chart shows the Bollinger Band middle line supporting, KDJ golden cross, and a strong bullish momentum.
First target: 27.82 Second target: 29.71 Stop loss: 24.85
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$HYPE DodoDodo 🚀
A new round of 15% global temporary tariffs in the US takes effect on February 24th. The Federal Reserve signals a hawkish stance again, putting overall pressure on the crypto market. However, HYPE is breaking records with platform launch results trading and single-day revenue, defying the trend and showing some strength.
Technical analysis on the 1-hour chart shows the Bollinger Band middle line supporting, KDJ golden cross, and a strong bullish momentum.
First target: 27.82
Second target: 29.71
Stop loss: 24.85