$HYPE is currently testing key support at $80.15 following a 4.84% pullback.

Despite the short-term dip, liquidity remains exceptionally strong with $1.14B in 24h Binance volume and a massive $1.97B Open Interest on Hyperliquid. Annualized funding sits at a calm +3.15%, indicating healthy leverage without overheated long crowding. This sets up a favorable risk/reward mean-reversion opportunity at institutional demand zones.

Trading Plan:

• Entry Zone: $78.50 - $80.20

• Target 1 (TP1): $86.50

• Target 2 (TP2): $92.00

• Stop Loss (SL): $75.80

• Risk / Reward (R/R): ~2.5:1

Manage risk tightly as high open interest can lead to sharp volatility spikes around key breakout levels.

#BinanceSquare $HYPE #CryptoTrading