🚨 Trade Setup | HYPE (Hyperliquid)

Direction: Bullish 📈

📊 Why this trade:

- Multi-timeframe momentum is exceptional: 30d +55%, 60d +64% — undeniable uptrend

- Near ATH breakout ($64.44) with 24h volume of $1.04B confirming conviction

- HYPE is the dominant perps DEX on its own L1, capturing derivatives market share

🔥 Key insight:

This is NOT a slow grind — HYPE is approaching ATH with institutional-grade volume. A clean break above $64.44 opens a vacuum zone to new highs.

🎯 Trade Plan:

Entry: $62.71 (current zone)

Target: $65.85

Stop: $61.46

⚖ Risk/Reward: ~2.51:1

⚠ Risk: Medium — price is near ATH resistance. If $61.46 breaks, the breakout thesis is invalidated.

If price loses $61.46, momentum likely invalidated.

(Not financial advice)