$HYPE just recorded a $25.1K short liquidation at $61.93. Shorts are getting squeezed, which makes the liquidation area a key level for the next move.
🎯 Trade Setup: LONG EP: $61.90 – $62.40 🎯 TP1: $63.20 🎯 TP2: $64.30 🎯 TP3: $65.50 SL: $60.90
If $HYPE stays above the $61.93 area and buyers continue absorbing sell pressure, another upside push could develop.
The strongest confirmation would be a clean breakout followed by a successful retest. Avoid entering after a huge green candle without confirmation.
If price breaks below $60.90 with heavy volume, the setup is invalid.
Protect capital first. Profits come second.
$HYPE is heating up — keep this zone on watch!
$HYPE — LET'S GO
Did
