HYPE $72 Long Position Trapped? Don’t worry, Brother Wan will help you get out!

Brother Wan’s view: Smart money is still in the market, the main players have not withdrawn, a rebound is imminent, and the $72 long position can be freed for profit.

Currently, the $72 long position on HYPE is trapped, with the price at $66.48, a floating loss of 6 points. Many people are panicking, but Brother Wan tells you, this position can not only be freed but also profit from it.

Why can it be freed? Three hardcore reasons:

1. Smart money hasn’t left. The whale’s total holdings exceed $190 million, with nearly 60% long positions, and over 68% of longs are profitable. The main funds are still in the game, what are you afraid of?

2. There is strong support below. The $65.5–66 range is a dense area of chips, and the liquidation map shows long positions piled up above. Once it rebounds, short squeeze will help push the price up.

3. The main players’ cost basis is lower than yours, but they haven’t left. Some whales have been long from $38, with floating profits of tens of millions of dollars. They haven’t exited, indicating there’s still big profit ahead.

Brother Wan’s trading strategy:

Don’t cut losses! Cutting now is hitting the floor. Revisit $65.5–66 for partial re-entries, lowering the average price to $68–69.

First target on the rebound: $68.6–69.6, sell part of the position once reached; second target: $70.2–71.3; third target: $73.5–76. Break above $73.5, not only can you get out of the trap, but also make big profits.

Hold your position, don’t get shaken out. The rebound is about to start.

Brothers who chased the long at $72, leave “Freed” in the comments, follow Brother Wan’s rhythm, and let’s $HYPE make a comeback together!