$HYPE is showing a potential short setup after a $37.744K short liquidation near $84.99, while price remains under the $85 resistance area. Buyers have not yet reclaimed the recent breakdown zone, keeping sellers in control below resistance.
EP: $84.50–$85.40
TP1: $83.00
TP2: $81.80
TP3: $80.50
SL: $86.20
The $84.99 liquidation level is an important liquidity reference, but a sweep above it followed by rejection would provide stronger short confirmation. The recent low around $81.76 is the first major downside liquidity target; a sustained move above $86.20 invalidates this setup.
EP: $84.50–$85.40
TP1: $83.00
TP2: $81.80
TP3: $80.50
SL: $86.20
The $84.99 liquidation level is an important liquidity reference, but a sweep above it followed by rejection would provide stronger short confirmation. The recent low around $81.76 is the first major downside liquidity target; a sustained move above $86.20 invalidates this setup.