$HYPE /USDT – Bullish Breakout Setup

A long liquidation at $21.02 ($1.90K) has flushed weak leverage, often resetting price structure and opening room for a bullish rebound.

Key Levels

Support: $21.00 – $20.30

Breakout Zone: $21.80 – $22.40

Resistance: $23.80 – $25.20

Trade Setup (Long Bias)

Entry: Hold above $21.00, or confirmed break & acceptance over $22.40

Targets:

TP1: $23.80

TP2: $25.20

TP3: $27.00

Stop Loss: Below $20.10

Market Sentiment

Liquidation sweep reduced downside pressure and refreshed positioning. Strong acceptance above the breakout zone with volume favors bullish continuation toward higher liquidity levels.

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$HYPE

HYPE
HYPEUSDT
30.05
+4.56%