hyperliquid50x

$HYPE : Is the bullish positioning getting too crowded?

Market snapshot:
• Price: $88.01
• 24H change: -2.44%
• Open Interest: -3.27%
• Average funding: +0.0203%

Price weakness alongside elevated positive funding deserves attention.

However, falling OI can also indicate position closures, so I want actual downside confirmation.

Entry: $87.57–$87.00 after breakdown
Stop Loss: $88.88
TP1: $85.38
TP2: $84.07

Bias: SHORT.

No breakdown, no trade.

#hyperliquid50x #Hyperliquid #ShortSignal