$HYPE — Bullish Breakout Setup
A long liquidation ($1.67K at $24.36) has shaken out weak leverage, often acting as a reset before the next upside leg. Price is stabilizing near demand and tightening below resistance.
Key Levels
Support: $23.60 – $24.00
Breakout Zone: $25.20 – $25.80
Resistance: $27.40 / $29.80
Trade Setup (Long)
Entry: Break & hold above $25.80 or dip buy near $24.00–$24.30
Targets: $27.40 → $29.80 → $33.00
Stop Loss: Below $22.90
Market Sentiment Liquidity reset completed, selling pressure fading. A confirmed breakout above resistance could invite momentum buyers and extend the rally.
Wait for confirmation. Trade with strict risk management.
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HYPEUSDT
Perp
32.27
+2.26%