$HYPE E moved from $38.16 to $47.06 with strong momentum, but the bigger story was happening underneath the chart.

Open Interest climbing to 22.15M during the move shows traders were opening new long positions, not just closing shorts. That usually points to real confidence behind the trend.

The FootPrint data also showed aggressive buyers stepping in at key levels while sell pressure kept getting absorbed. That’s usually a sign of strong demand sitting in the market.

By the time the breakout became obvious on the candles, smart money was already positioned. The wallet activity gave the signal early.

Analysis from CoinAnk

CoinAnk.com