$HYPE just faced a big long liquidation and is showing heavy pressure. Price is now moving around $28.80. Support sits near $27.90, while resistance remains strong at $30.20. If bulls hold above support, a bounce toward $30+ can come fast, but if support breaks, expect another drop. Next move: watch for a tight breakout between support–resistance. Stoploss: keep it tight near $27.40.

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