$HYPE Heavy long liquidations confirm a sharp flush through weak hands, signaling a breakdown from a local distribution range. Price has lost key support near $35.00 and is now trading below a liquidity void, increasing downside probability.

EP: $34.20 – $34.80

TP1: $33.20

TP2: $31.80

TP3: $30.50

SL: $35.80

Trend is bearish with clear lower high formation after rejection from $35.50 zone.

Momentum is strong to the downside as liquidation pressure accelerates selling.

Liquidity below $33.00 remains untapped, making continuation toward lower levels highly probable.

$HYPE

HYPE
HYPEUSDT
37.21
+4.29%

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