$HYPE is setting up a compelling structural long opportunity on the chart analyzed in 1000014961.jpg, finding solid ground after a clean sweep of liquidity near the 57.23 support level. The price action demonstrates a classic market structure shift, validating the previous demand zone as reliable structural support. With a long position now framed from the current level of 58.20, the technical setup targets an extension into higher liquidity pools to reclaim previous local peaks. Maintaining a tight defense just below the recent swing low keeps the risk-to-reward ratio highly favorable for continuation.
Target 1: 58.80
Target 2: 59.20
Target 3: 59.69
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HYPEUSDT
Perp
60.85
+3.06%