🚀 $HYPE (Hyperliquid) — MOMENTUM IS BUILDING, LONG BIAS IN PLAY 🔥
I’ve been tracking this closely, and the signals are starting to line up 👀
#HYPE is quietly compressing while derivatives data keeps heating up.
📊 Multi-timeframe check
– Daily MACD stays bullish 📈
– Price holding above short-term EMAs on 1H / 4H
– Now pressing into the 200 EMA resistance — a key breakout trigger zone ⚠️
📉 Derivatives say it all
– Open Interest: $1.52B (+3.25% in 24h)
– OI rising with price = new longs entering, not just short covering
– Funding still positive but not crowded → room to expand
🧠 My read
This is the type of structure I like to see before momentum expansion.
If $HYPE clears and holds above the 200 EMA, continuation can come fast ⚡
If it rejects, dips are likely to be bought while trend stays intact.
Trend is bullish, positioning is healthy, and traders are paying attention now…
Usually that happens right before the move 👀🔥
#Hyperliquid #PerpTrading #CryptoMomentum #AltcoinSetup #BinanceSquare