๐ #hype bounced back strongly after a drop that cleared a significant liquidation zone of longs in the 70-71 USDT region โก
The bearish move was aggressive and drove the price directly into a block of leveraged positions that ended up getting liquidated. After hitting that liquidity, a buying reaction emerged, pushing a rebound of over 3% in just a few hours.
โฌ๏ธ Now the market is eyeing the upper zones, where short liquidations are starting to accumulate between 74 and 76 USDT. If the momentum continues, those areas could become the next price targets.
๐ HYPE continues to show high volatility and rapid movements between liquidation zones, a behavior that the Heatmap has been clearly highlighting.
๐ฅ After sweeping liquidity below the price, attention shifts back to the upper levels.
๐ https://tradingdifferent.com/es/dashboard/liquidation-heatmap?code=binance-square
#HYPE #Hyperliquid #Crypto #Trading #Liquidations
The bearish move was aggressive and drove the price directly into a block of leveraged positions that ended up getting liquidated. After hitting that liquidity, a buying reaction emerged, pushing a rebound of over 3% in just a few hours.
โฌ๏ธ Now the market is eyeing the upper zones, where short liquidations are starting to accumulate between 74 and 76 USDT. If the momentum continues, those areas could become the next price targets.
๐ HYPE continues to show high volatility and rapid movements between liquidation zones, a behavior that the Heatmap has been clearly highlighting.
๐ฅ After sweeping liquidity below the price, attention shifts back to the upper levels.
๐ https://tradingdifferent.com/es/dashboard/liquidation-heatmap?code=binance-square
#HYPE #Hyperliquid #Crypto #Trading #Liquidations