$HYPE long liquidation of $26.396K at $27.78479 shows buyers getting stopped out, signaling short-term weakness. Liquidity now sits below price, increasing the chance of a downside continuation if selling pressure persists.
Next move and targets:
TG1: $27.20
TG2: $26.80
TG3: $26.10 (key support zone)
A brief bounce may occur, but trend pressure favors the downside until strong buying returns.
Pro tip: After large long liquidations, price often dips further. Wait for clear support before entering.
