$HYPE took a long liquidation of $5.0687K at $34.38992, showing that buyers were forced out as selling pressure increased. This move creates short-term weakness, but the chart can still recover if support holds. If HYPE stays above 34.20, it can attempt a bounce toward 34.85 and 35.30. A safer entry sits around 33.95–34.20 only if the price shows stability in that zone. If HYPE breaks below 33.80, the downside can extend and the setup becomes risky. For now the key is watching how the price reacts around the liquidation level, because a strong green candle there can help trigger a short recovery.

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HYPE
HYPEUSDT
30.19
-11.07%