HAPI/USDT { HAPI } - BULLISH SETUP

ANALYSIS 🔎
- HAPI/USDT brokeout above the double bottom neckline resistance, hit a swing high and retraced.
- Price is retesting the key fibonacci retracement zone (0.618 - 0.702 - 0.786) and the double bottom neckline resistance turned support.
- There's a relatively high concentration of buyers at this zone (high buying pressure).
- We could be on the verge of an uptrend continuation.

BUY ENTRY ⬆️
- Aggressive entry: current market price.
- Conservative entry: breakout above horizontal resistance level (@72.0000).

TARGETS 🎯
- Horizontal resistance level (@90.0508).
- Horizontal resistance level (@130.0000).
- Fibonacci extension level 1.0 (@150.6018).

SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level (@55.6430).