Just noticed HYPE forming what looks like a textbook symmetrical triangle on the 2-day chart. Price just broke through around $36.68, but honestly the momentum feels a bit weak right now - dropped 1.56% in the last 24h. The measured move would put it at $52.27 if it plays out, which would be a solid 68% move from here. That's the bullish case anyway. The thing that's bugging me though is the Chaikin Money Flow sitting at -0.08, still below zero. Classic bearish divergence setup - price breaking up but money flow lagging. So yeah, the symmetrical triangle looks textbook, but I'd be watching that money flow closely before getting too excited. Could be a fakeout situation.

HYPE2,17%
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