$HYPE – Distribution Breakdown 🔥
Trading Plan
Short $HYPE (20x leverage)
Entry: 62.10–62.30 ⚡
SL: 63.50 🛑
TP: 60.50 ✅
TP: 58.80 ✅
TP: 56.20 ✅
Basis CRUSHED -43.943, top traders net SHORT (0.81 accounts), OI collapsing 6.92M→6.75M. Longs trapped 62-63, taker sells dominate. Perpetual at catastrophic discount = structural collapse incoming. Cascade to 56 as shorts unwind trapped longs.
Trade $HYPE here 👇
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