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$HYPE experienced a significant short liquidation of $9.16K at $59.7928, indicating that leveraged sellers were forced to close their positions. The liquidation signals strengthening bullish momentum, with buyers gaining control of the short-term trend. If price continues to hold above key support levels, further upside movement could follow as short-covering activity fuels additional buying pressure.
Entry: $59.20 - $60.20
SL: $57.50
TP1: $61.50
TP2: $64.00
TP3: $67.00
TP4: $71.00
Momentum is strengthening, and recent pullbacks are attracting buyers. Watch resistance levels closely and trade with proper risk management.
Buy and Trade $HYPE