đš WARNING: $HYPE is sitting above one of the biggest long-liquidity pockets Iâve seen on it recently.
And Iâm opening a BIG SHORT on $HYPE here.
TP: $76.80
SL: $82.90 đđ»
Now the question is: why short here when price is still holding around $81?
Because the structure still doesnât look healthy to me.
Price has already been trending lower, the rebounds are weak, and now the liquidation map is showing roughly $138M in long liquidations sitting around $73.6â$76.8.
That is a massive pool below current price.
At the same time, $HYPE is still giving buyers small rebounds and hope, but every bounce is struggling to build real continuation.
Thatâs exactly what Iâm watching.
If sellers take control again, the move toward that lower liquidity can become very fast because late buyers may start getting forced out together.
So my point is simple:
$76.8 is the first area I want to see.
And Iâm opening a BIG SHORT on $HYPE here.
TP: $76.80
SL: $82.90 đđ»
Now the question is: why short here when price is still holding around $81?
Because the structure still doesnât look healthy to me.
Price has already been trending lower, the rebounds are weak, and now the liquidation map is showing roughly $138M in long liquidations sitting around $73.6â$76.8.
That is a massive pool below current price.
At the same time, $HYPE is still giving buyers small rebounds and hope, but every bounce is struggling to build real continuation.
Thatâs exactly what Iâm watching.
If sellers take control again, the move toward that lower liquidity can become very fast because late buyers may start getting forced out together.
So my point is simple:
$76.8 is the first area I want to see.