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【$HYPE Signal】Long | Healthy Reset After Breakout with Volume
$HYPE After a 19% increase with volume, the price is cooling and consolidating at a high level. This is not a top sell-off, but a healthy reset — open interest is rising in sync, indicating institutional entry rather than short sellers stepping on the brakes.
🎯 Direction: Long
🎯 Entry: 28.20 - 28.70
🛑 Stop Loss: 27.40 ( Rigid Stop Loss )
🚀 Target 1: 30.50
🚀 Target 2: 32.80
After breaking out, the price forms a narrow range at a high level, which is a typical strong consolidation pattern. The volume expansion and increase in open interest form a positive confirmation, indicating new funds are absorbing profit-taking. The retracement on the lower timeframe was quickly bought back, with no signs of sustained selling pressure. As long as the price stays above 28.0, the probability of continuing upward is much higher than reversing. Small losses, big gains — capturing the advantage of probability.
Trade here 👇 $HYPE
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