$HYPE — Bullish Breakout Setup

A long liquidation ($1.67K at $24.36) has shaken out weak leverage, often acting as a reset before the next upside leg. Price is stabilizing near demand and tightening below resistance.

Key Levels

Support: $23.60 – $24.00

Breakout Zone: $25.20 – $25.80

Resistance: $27.40 / $29.80

Trade Setup (Long)

Entry: Break & hold above $25.80 or dip buy near $24.00–$24.30

Targets: $27.40 → $29.80 → $33.00

Stop Loss: Below $22.90

Market Sentiment Liquidity reset completed, selling pressure fading. A confirmed breakout above resistance could invite momentum buyers and extend the rally.

Wait for confirmation. Trade with strict risk management.

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$HYPE

HYPE
HYPEUSDT
32.73
+3.90%