🌊 $HYPE /USDT — 🔴 SHORT · Conf 70%
━━━━━━━━━━━━━━
📍 Entry: 87.10 – 87.62
🛑 SL: 90.61
🎯 TP1: 82.99
✅ TP2: 79.50
🏆 TP3: 74.26
━━━━━━━━━━━━━━
🔎 1H keeps printing lower highs under its 20 EMA, and the bounce volume is thin, against a +12% weekly.
🧠 $HYPE : Hyperliquid is an on-chain perps exchange on its own L1; most fees route into HYPE buybacks; the risk is that demand leans on trading volume staying high.
💬 Do buybacks matter more than perp volume when HYPE drops 7% in a day?
#HYPE #Hyperliquid #Layer1 #Web3 #perp
━━━━━━━━━━━━━━
📍 Entry: 87.10 – 87.62
🛑 SL: 90.61
🎯 TP1: 82.99
✅ TP2: 79.50
🏆 TP3: 74.26
━━━━━━━━━━━━━━
🔎 1H keeps printing lower highs under its 20 EMA, and the bounce volume is thin, against a +12% weekly.
🧠 $HYPE : Hyperliquid is an on-chain perps exchange on its own L1; most fees route into HYPE buybacks; the risk is that demand leans on trading volume staying high.
💬 Do buybacks matter more than perp volume when HYPE drops 7% in a day?
#HYPE #Hyperliquid #Layer1 #Web3 #perp
