🚀 $HYPE
Long Setup: Stabilization Complete — Bulls Ready for Liftoff!
After a healthy cooling-off period from recent highs, Hyperliquid ($HYPE) is flashing a major buy signal. While the broader market shivers, HYPE is holding firm at key demand zones, suggesting that the "smart money" is stepping back in.
⚡ The High-Conviction Trade
Direction: LONG 🟢
Leverage: 15x (Recommended for experienced traders)
Entry Zone: 28.70 – 29.20
Stop Loss (SL): 27.90 (Protect your capital!)
🎯 Take Profit Targets
TP1: 30.20 (Safe exit/Partial profit)
TP2: 31.40 (Mid-term resistance)
TP3: 33.00 (Major breakout zone)
🔍 Why HYPE is Different Right Now
Relative Strength: $HYPE has been significantly outperforming $BTC and $ETH during this month's volatility.
Institutional Tailwinds: With recent Ripple partnerships and a drastic reduction in token unlocks, the supply/demand curve is shifting in favor of the bulls.
Volume Surge: Daily trading volumes remain high, and the recent dip to the $28 range has met aggressive buying pressure.
Nabiha’s Analysis: We are seeing a classic "Higher Low" formation on the hourly chart. As long as we hold the $27.90 support, the path of least resistance is up. Don't let the 15x leverage shake you out—stick to the plan. 💎💪
Analysis by: Nabiha Noor ✍️
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