Momentum traders got trapped at the highs.
That liquidation suggests weakness underneath.
$HYPE
🔴 LIQUIDITY ZONE HIT 🔴
Long liquidation spotted 🧨
$49.5K cleared at $56.16
Downside liquidity swept — watch reaction 👀
🎯 TP Targets:
TP1: ~$55.20
TP2: ~$54.50
TP3: ~$53.80
#hype