Hold the previous high, build strength for another sprint!
$HYPE Current price 83.266, +1.99%. In the short term it’s still slightly bullish, but here you can only wait for a pullback to enter—don’t FOMO. After it was pushed up to 86.6 from around 58, the 28th saw a retreat low of 78.7 that held. The structure is still higher highs and higher lows. In the past 24 hours, OI is basically flat, and funding is only slightly positive. However, short positions being liquidated is clearly more than longs, suggesting this move is squeeze-repair, not a hard push with long leverage.
Strategy: If 80–81 stabilizes, add again. For existing positions, keep holding. First resistance is 86.7—if it stands above it on rising volume, watch for 92–95. 78 is a strong support and also a long/short line; if it breaks, exit. Today there are 14.18 million tokens—about 2.7% of the market value—scheduled to unlock. Don’t chase on the way up; the real strength is whether the unlocking selling pressure doesn’t break down through 78.
$HYPE Current price 83.266, +1.99%. In the short term it’s still slightly bullish, but here you can only wait for a pullback to enter—don’t FOMO. After it was pushed up to 86.6 from around 58, the 28th saw a retreat low of 78.7 that held. The structure is still higher highs and higher lows. In the past 24 hours, OI is basically flat, and funding is only slightly positive. However, short positions being liquidated is clearly more than longs, suggesting this move is squeeze-repair, not a hard push with long leverage.
Strategy: If 80–81 stabilizes, add again. For existing positions, keep holding. First resistance is 86.7—if it stands above it on rising volume, watch for 92–95. 78 is a strong support and also a long/short line; if it breaks, exit. Today there are 14.18 million tokens—about 2.7% of the market value—scheduled to unlock. Don’t chase on the way up; the real strength is whether the unlocking selling pressure doesn’t break down through 78.