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【$HYPE Signal】Long | Healthy Reset After Breakout with Volume
$HYPE After a 22% volume-driven surge, the price is consolidating in a narrow range at high levels. The price action indicates healthy cooling rather than distribution at the top, with strong buy-side absorption and no signs of panic selling.
🎯 Direction: Long
🎯 Entry: 32.80 - 33.20
🛑 Stop Loss: 31.50 ( Rigid stop loss, invalidates the structure if broken )
🚀 Target 1: 35.80
🚀 Target 2: 38.50
$HYPE The massive increase accompanied by rising open interest is a typical sign of main capital entering, not a short squeeze. Currently, the price is consolidating near the breakout high in a tight flag pattern, indicating continued strength. Retracements on lower timeframes are quickly absorbed, showing market sentiment remains bullish. As long as the price stays above 31.50, this consolidation is building momentum for the next rally. Small losses, big gains—this trade profits from the probability of trend continuation after breakout.
Trade here 👇 $HYPE
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