$HYPE broke out of consolidation, and this time with volume.
After weeks hovering around $86.5โ$87, the price finally broke out of the range, with more volume than previous rebounds.
What I like most is above: the liquidation map shows ~$16M in shorts between $92.80 and $96.00. If the breakout holds, even a move toward $90 could start putting pressure on them.
LONG $HYPE
๐ Entry: breakout zone (~$87)
๐ฏ TP: $90.10
๐ SL: $85.30
Real breakout or trap? Tell me what you see ๐
$HYPE
After weeks hovering around $86.5โ$87, the price finally broke out of the range, with more volume than previous rebounds.
What I like most is above: the liquidation map shows ~$16M in shorts between $92.80 and $96.00. If the breakout holds, even a move toward $90 could start putting pressure on them.
LONG $HYPE
๐ Entry: breakout zone (~$87)
๐ฏ TP: $90.10
๐ SL: $85.30
Real breakout or trap? Tell me what you see ๐
$HYPE