$HYPE bullish recovery after a clear liquidity sweep.
We saw price flush into 25.614 (24H low) and react immediately. Sellers pushed it down to clear stops, but continuation failed. That signals strong demand stepped in around that zone.
Market Read: 27.285 marks the recent 24H high before rejection. Price trended down and swept 25.614, taking out liquidity. Now we’re reclaiming the 26.80–27.00 area on the 1H. If 26.50 holds as support, upside continuation becomes likely.
Entry Point: 26.80 – 27.05 on a minor pullback Or breakout entry above 27.30 Target Points: TP1: 27.80 TP2: 28.47 TP3: 29.05 Stop Loss: Below 25.60
How it’s possible: Liquidity below 25.60 has already been taken. After a stop hunt, price often rotates back toward prior supply and imbalance zones. If buyers defend above 26.50 and push through 27.30 with volume, short squeeze pressure can drive price toward 28.50+ and a retest of the 29.00 area. Trading the structure with defined risk and clear invalidation.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$HYPE bullish recovery after a clear liquidity sweep.
We saw price flush into 25.614 (24H low) and react immediately. Sellers pushed it down to clear stops, but continuation failed. That signals strong demand stepped in around that zone.
Market Read:
27.285 marks the recent 24H high before rejection.
Price trended down and swept 25.614, taking out liquidity.
Now we’re reclaiming the 26.80–27.00 area on the 1H.
If 26.50 holds as support, upside continuation becomes likely.
Entry Point:
26.80 – 27.05 on a minor pullback
Or breakout entry above 27.30
Target Points:
TP1: 27.80
TP2: 28.47
TP3: 29.05
Stop Loss:
Below 25.60
How it’s possible:
Liquidity below 25.60 has already been taken. After a stop hunt, price often rotates back toward prior supply and imbalance zones.
If buyers defend above 26.50 and push through 27.30 with volume, short squeeze pressure can drive price toward 28.50+ and a retest of the 29.00 area.
Trading the structure with defined risk and clear invalidation.