$HYPE is the green coin everyone wants to chase — and that is the trap.

$HYPE is $90.46, up 12.2% in 24 hours, after $79.00 yesterday. $BTC is $77,247, down 4.9%. Fear & Greed is 30, Fear, from 51.

I'm cautious, not excited. Top traders flipped long on HYPE, from 29% to 67% of accounts, long notional jumping from about $16M to $222M. Chasing a vertical move means paying for someone else's exit.

If $97.00 breaks, momentum stays in control. If $79.00 fails, the FOMO trade is invalidated.

Would you chase $HYPE above $90, or wait for $79? Drop your level.

Data: Finnhub/TokenPost, 5:28 AM PKT. Not financial advice. DYOR.
#FOMO