$HYPE Short Liquidation Update
Liquidation Size: $1,792.6
Liquidation Price: $33.339
HYPE just swept short positions around $33.34, signaling renewed upside pressure and trapped sellers. Short liquidations typically act as momentum accelerators when price holds above the sweep level.
This suggests bears were forced out — now watch closely for continuation or a controlled pullback setup.
Spot Zone (Accumulation Area)
$32.90 – $33.50
Holding this range keeps bullish structure intact.
Resistance Levels
R1: $34.80
R2: $36.40
R3: $38.90
A strong reclaim and hold above $34.80 opens the door toward higher expansion.
Support Levels
S1: $32.20
S2: $30.80
Loss of $32.20 weakens upside momentum and exposes deeper liquidity.
Entry Plan (EP)
EP: $33.00 – $33.40 on pullback confirmation
Best entries come after shallow retraces with volume holding above support.
Take Profit Targets (TP)
TP1: $34.80
TP2: $36.40
TP3: $38.90
Scale profits. Protect capital. Let runners ride.
Stop Loss (SL)
SL: $31.90
Below this level, bullish continuation is invalidated.
Next Target Outlook
If HYPE flips $34.80 into support, next expansion zone sits at $36.40–$38.90.
Failure to hold $32.20 likely sends price back toward $30.80 liquidity.
Pro Tip
After short liquidations, price often revisits the sweep zone before pushing higher. Avoid chasing green candles — wait for pullback confirmation and volume alignment.
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