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HYPE liquidation chart reveals "short seller graveyard"! Whales accumulating, $65 may trigger short squeeze!
Wan Ge's view: The dense short area at $64-65 becomes the trigger for long counterattack, short squeeze is imminent!
On June 26, two whales increased HYPE holdings; previously the long whale's unrealized profit had exceeded $34.91 million. Whales are frantically buying at the bottom.
A large number of short orders accumulated at $64-65; if price rises above $65, it will trigger chain short squeezes. Whales are waiting to reap.
Price Trend Forecast
Retraced 14% from $76.90, $63-65 is strong support. If held, bounce to $70-72, first down then up to challenge $65.
Wan Ge's Trading Suggestions
Long: Build positions gradually at $61-62, target $65, break above see $72.
Short: Test short at $64-65, target $61-62.
Whale cost $60-64; 50-day MA at $54.7 is far above 200-day MA at $37.7, medium-term trend unchanged.
#0成本拿2股SK海力士 #美光市值超越Meta跻身全美前十 $HYPE