$HYPE just got hit by fear. I'm stepping in. 😏
ATH was $75. A $700M unlock dropped it to $54. Arthur Hayes exited publicly. Everyone panicked. That's exactly when I start watching closely.
The unlock selloff is done. Supply shock absorbed. Next unlock isn't until July 6, that's weeks away. The 1H is forming a base right here at this support zone. Volume is drying up on red candles. That's not continuation. That's exhaustion.
This is a scalp, not a marriage.
Scalping Buy Set-up
📍 Entry: $53.80 – $54.50
🛑 Stop Loss: $52.40
🎯 TP1: $56.50
🎯 TP2: $58.80
🎯 TP3: $61.00
⚡ Leverage: 3x–5x max
📊 Timeframe: 1H
The market sold the news hard. Now the news is old. $HYPE is sitting at a level where patient traders get rewarded and panic sellers get faded.
I've watched this pattern too many times to ignore it. Post-unlock dumps almost always see a recovery bounce within days, and the 1H is giving me exactly the structure I need.
Are you fading the fear or riding it? Drop your thoughts below. $HYPE
⚠️ Not financial advice. Always do your own research.