#HYPE — CURRENT PRICE: ~$27.60
State: Heavy long liquidation flashed as weak hands got flushed out at $27.45
Support: $26.80 – the critical survival zone
Resistance: $29.10 – breakout threshold
Market Insight:
HYPE just printed one of the largest liquidation wicks of the hour. This is classic trend-reset behavior where overleveraged longs get purged before a controlled climb resumes.
Sentiment: Cautious bullish — buyers defending the mid-zone with discipline.
Targets:
• T1: $29.50
• T2: $31.20
Next Move:
A clean reclaim of $28.00 increases upside momentum rapidly. Failure risks a retest of $26.80.
Pro Tip:
Watch volume expansion — HYPE rallies only when liquidity agrees with it.
HYPEUSDT
Perp
27.9
-8.77%
