$HYPE Got a little chopped earlier. Was showing strength amidst the market pull back earlier, then lost some steam. Looks like a local rejection candle. I'd like these local lows tidied up now. The equal lows at the very least. Or for something more decisive, drop into untapped demand below (blue) and reclaim 41.237 (green high). That's an A+ long for me. The risk off scenario for me would be that the blue demand zone fails to hold or produces a lower high (i.e. we are unable to make a new ATH). Then it would begin to look like three higher timeframe drives with the equal lows at 30.6 as the draw. However, for now we are no where near the risk off scenario - just wanted to put it on your radar. Tldr: - Looking for longs, ideally on a sweep into untapped demand + reclaim of green line, targeting ATH and an extension into 55. Would sell into a lower high if there is any momentum loss (in case of risk off scenario)

Back of my mind: If we deviate the highs on the next drive higher (ideally after tagging demand) I think we could form a larger range with Range Lows @ ~ 30 (equal lows) and Range High around 50. Will still play the long if opportunity is given, but will be mindful of how we handle the prior ATH. True breakout should get us to 55. Weakness and we remain sticky around 50, and I'd eye the lows at 30.