hypusdt

Price remains inside an ascending channel, keeping the overall uptrend intact. The current pullback appears to be a healthy retest of support, not a trend reversal.

Entry: 56.0–56.1K
Stop Loss: Below 55.0K
TP1: 58.0K (Previous resistance)
TP2: 60.5K (Next major resistance)

Key Confluences:

* Ascending channel support
* Horizontal support
* Bullish market structure (Higher Highs & Higher Lows)
* Price remains above MA99 (long-term trend intact)

Bullish Scenario: A strong bounce from support could trigger a move toward TP1, while a breakout above 58.0K may open the path to 60.5K.
#Hyperliquid #HYPUSDT $HYPE

🔴 $HYPE – HIGH CONVICTION SHORT SETUP 🔴

$HYPE is approaching a major resistance zone where signs of distribution are beginning to appear. With retail traders heavily positioned long, negative basis, and increasing sell-side pressure, the setup favors a potential downside reversal if resistance holds. 📉🔥

📊 Short Conviction: 91.2% ✅

🎯 Entry Zone: $60.5 – $61.0
⚠️ Wait for 2–3 candle confirmation before entering.

🛑 Stop Loss: $62.0

✅ TP1: $59.0 (-1.5%) – First liquidation zone
✅ TP2: $57.5 (-3.7%) – Major support & POC level
✅ TP3: $55.8 (-5.3%) – Final cascade target 🎯

Key factors supporting the setup:
⚡ Extreme retail long positioning
⚡ Smart money showing signs of distribution
⚡ Negative basis favors downside pressure
⚡ Taker sell volume increasing near resistance
⚡ Liquidation clusters positioned below current price

Patience is critical. Let the market confirm rejection before entering and manage risk carefully throughout the trade. 📊

#HYPUSDT #ShortSetup #CryptoTrading #BinanceSignals #RiskManagement 📉🚀