๐ $HYPE Bottom is IN: Why Iโm Loading Up a Massive Long Bag ๐
The wait is over. After weeks of consolidation, Hyperliquid ($HYPE) is finally showing signs that the local bottom is locked. With the broader market looking bullish and $BTC regaining its strength above $92,000, the stage is set for a massive swing trade.
I am not just watching thisโIโm entering a heavy long position (2x portfolio allocation) to capture the next impulse move.
๐ The Trade Setup (Day Timeframe)
We are looking at a classic mean reversion play on the Daily chart. $HYPE has held the $24-$25 support zone despite recent token unlocks, proving that demand is absorbing the supply.
โก Entry: $25.70 - Current Market Price
๐ฏ Target 1: $30.00 (Local Resistance)
๐ฏ Target 2: $38.00 (Major Swing Target)
๐ก๏ธ Stop Loss: $23.45 (Daily close below this level invalidates the thesis)
๐ฅ Why I'm Bullish Right Now
Bottom Confirmation: HYPE has stopped making lower lows; the "sell the news" event from the Jan 6th unlock is largely priced in.
BTC Synergy: Bitcoinโs recovery to $93k+ provides the necessary liquidity for high-conviction alts like HYPE to fly.
Platform Dominance: Hyperliquid continues to lead in Perp DEX volume, making the token fundamentally undervalued at these levels.
This is a swing trade, not a scalp. Patience will be rewarded with "huge profit" potential as we aim for that $38 breakout.
What do you think? Is $HYPE ready for the moon or do we see one more dip? Let me know your entries below! ๐
#HYPE #Hyperliquid #CryptoTrading #Bitcoin #Write2Earn #Bullish #Altcoins
