$HYPE SHORT LIQUIDATION SETUP
💰 Liquidation Size: $2.0058K
Entry: $59.20 – $60.10
🎯 TP1: $58.00
🎯 TP2: $56.80
🎯 TP3: $55.50
🛑 SL: $61.50
Price is approaching a notable short liquidation cluster around $60.215. A move into this zone could trigger short-covering activity, creating a brief liquidity sweep and volatility spike. If the breakout lacks follow-through and buyers fail to sustain momentum above the liquidation level, price may reject and rotate lower toward nearby support zones, offering potential downside opportunities.