$HYPE



The short liquidation of $13.574K at $59.01724 shows sellers were squeezed as price pushed through a key liquidity zone. This points to a bullish short-term setup, with buyers taking control after clearing bearish positions.

EP: $59.10

TP1: $60.40
TP2: $62.00
TP3: $64.20

SL: $57.30

Price is holding above the reclaimed liquidity area, showing buyers are defending the breakout. Momentum is improving as selling pressure continues to weaken. If $59.00 remains as support, price is likely to extend toward the next resistance and liquidity zones.

$HYPE ‌
HYPE-2.14%
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VCPBreaker
· 07-24 08:45
Did you see that the funding rate hasn’t changed much? This move looks more like shorts getting squeezed rather than new longs entering. Be careful of a pullback to 59 and then retesting it.
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RoyaltyTruther
· 07-24 08:30
This analysis is very on point. Short-term liquidation really does pave the way for the bulls. If 59 can hold, TP1 will most likely be reached.
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CashIsKing
· 07-24 07:41
$HYPE This upward push is kind of interesting, but the stop-loss is set a bit tight, so it’s easy to get swept. I suggest loosening it to around 56.8.
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BlueChipRetire
· 07-24 07:36
Bro, your EP and SL spacing is only $1.8—no matter how high the win rate is, you can’t survive two or three stop-losses. Recalculate your risk-reward ratio.
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