$HYPE



A long liquidation on HYPE indicates bullish positions were forced to close, increasing short-term selling pressure and volatility. The $1.39K liquidation is relatively modest, but it highlights weakening momentum as price tests an important demand zone.

EP
$58.60 – $59.10

TP
TP1: $60.20
TP2: $61.80
TP3: $64.00

SL
$57.80

Support: $58.40 – $58.60
Resistance: $60.20 – $61.80

Next Target: $64.00 if HYPE reclaims $60.20 with strong buying volume and sustained momentum. A failure to hold support could trigger another liquidity sweep before a stronger recovery develops.

Price is consolidating near a key demand area after the liquidation event. A confirmed bounce from support and a breakout above resistance would strengthen the bullish recovery scenario and improve the probability of continuation toward higher liquidity levels.

$HYPE ‌
HYPE-1.40%
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