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$HYPE — Short squeeze intensifies as bulls stay in control.
Long $HYPE
Entry: 66.50 – 68.20
SL: 63.50
TP1: 72.00
TP2: 78.00
TP3: 85.00
A significant $7.47K short liquidation just hit HYPE at $67.86, forcing bearish traders to cover positions as price surged higher. The size of the squeeze confirms strong bullish momentum and signals that sellers are being pushed out of the market at increasingly higher levels.
Price continues to hold above key support zones while printing higher highs and higher lows. The latest liquidation adds fresh buying pressure, creating ideal conditions for momentum traders to continue driving the trend higher.
If HYPE maintains the 66.50–68.20 support region and breaks above 72.00 resistance, momentum could accelerate rapidly toward higher targets. With shorts being squeezed aggressively and bullish sentiment strengthening, the path of least resistance remains firmly to the upside as buyers continue dominating market structure.