$HYPE Lao Lin spot trading call: go long here!

The panic release that was anticipated earlier has already materialized. After today’s price quickly dumped lower, buying support appeared; after the lowest wick, it began to stabilize. The shorts kept hammering the sell-off, and in the short term, sentiment is already extremely stretched. Here, I choose to go against the trend and take a long, betting on an oversold rebound.

Downside room has already been released by quite a lot, and at low levels, capital has started to take over and support. The market has shifted from a one-way sell-off to a long-vs-short standoff. As long as the bottom structure holds steady, there will be a chance later for a sentiment recovery.

Lao Lin gets on the train first—let’s see whether this rebound can actually play out.
When it dares to be bought during the sell-off, what you’re taking is the post-panic recovery move. 🚀
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