$HYPE #HYPE #Contract Trading

Long Alert | HYPE Key Area Approaching

Large Liquidation Zone 58.3351
1.7% from current price
Upper zone 58.3351
Lower zone 56.3849
Current price 56.7970
Trigger price 58.3351
Invalidation price 56.8488
Observation zone 58.3351 / 58.1269
Funding rate +0.0050% (pays longs, receives shorts)
Market cues: Upper 50x short trigger zone / 1.7% away from current price / 15m volume power 4.4x / RSI15=74.5

Near the large liquidation zone: you can wait for confirmation at the trigger price to go long, and set the invalidation price as the stop-loss.