$HYPE slammed into $30.42, erasing $266K in long positions. The break below support triggered panic selling, but price is nearing a key swing level. Momentum is cooling after a sharp impulse down.
Trade idea: Bounce setup $29.80–$30.50 | SL: $28.90
Targets: $32.20 → $34.00 → $36.50
Structure says risk-on only after confirmation—this is where pros stalk entries.
Come and trade on $HYPE
HYPEUSDT
Perp
31.17
+0.75%