I’m seeing a massive short liquidation around $27.58984, and price stayed firm instead of rejecting that zone. That type of flush usually clears heavy sell-side pressure and shifts control to buyers.
Price is sustaining above $27.58, preserving a constructive structure. Upside continuation is strengthening as liquidation removes downside weight. Liquidity rests near $30.00 and $32.50, which can attract further expansion.
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I’m seeing a massive short liquidation around $27.58984, and price stayed firm instead of rejecting that zone. That type of flush usually clears heavy sell-side pressure and shifts control to buyers.
EP: $28.10
TP1: $29.40
TP2: $31.20
TP3: $33.80
SL: $26.20
Price is sustaining above $27.58, preserving a constructive structure.
Upside continuation is strengthening as liquidation removes downside weight.
Liquidity rests near $30.00 and $32.50, which can attract further expansion.
$HYPE