$HYPE /USDT — Heavy Long Liquidation Warning ⚠️

Massive long wipeout confirmed:

$14K+ liquidation at 30.27 → buyers got trapped hard.

This usually signals distribution + sell-side control below key levels.

Market Read

Aggressive sell pressure after leverage flush

Structure weak under 30.00

Bounce attempts likely to be sold into

Momentum stays bearish unless bulls reclaim 31.00+

Trade Setup (Short Bias)

Entry Zone: 29.80 – 30.40

Stop Loss: 31.20

TP1: 28.40

TP2: 27.00

TP3: 26.00

Key Levels

Resistance: 30.80 – 31.00 (must reclaim to flip bullish)

Support Zone: 27.00 → 26.00 liquidity pocket

Breakdown Trigger: Clean loss of 29.50

Conclusion

As long as price stays below 30–31, sellers have the edge.

Next leg could sweep into 27–26 support fast.

Trade smart — liquidation moves are brutal ⚡

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HYPE
HYPEUSDT
31.83
+4.59%