1. The current recommendation is to long . HYPE is expected to hold at the current support level and rebound to the medium-term moving average (ML); otherwise, it faces a significant pullback risk. There is downward pressure after the recent surge, and the current strategy is an aggressive long executed with cross margin, essentially a "gamble." 2. Position and Risk Management Recommendations: It is recommended to participate in this long position with a cross margin, focusing on whether the support level holds as a key stop-loss point. If it is breached, a quick stop-loss is necessary to avoid a deep pullback. There is no specific take-profit price, but the medium-term moving average can be used as a reference target; reduce positions as needed. The trading pace is fast, so close monitoring of the market is advised. 3. This strategy is suitable for aggressive short-term traders, based on tentative entry at current support levels and expectations of a rapid rebound. It emphasizes a "take a gamble" approach and a "full-scale strategy," making it suitable for traders willing to accept pullback risks and engage in quick in-and-out trades. It is not advisable to hold positions for too long; if the rebound fails to meet expectations, one should exit promptly.
HYPE: Summary of wwg community discussions (23:00:10 ~ 00:00:10)
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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