๐ $HYPE ALERT โ Structural Breakout Confirmed!
Fundamental catalysts peaking, trend shift in motion!
๐ข LONG SETUP โ $HYPE
Entry โ 27.30 โ 28.20
Stop-Loss โ 26.03
Targets โ TP1: 30.6 | TP2: 32.9
$HYPE just broke out of its month-long descending channel and reclaimed the 50-day EMA at 27.32.
HIP-3 open interest surged to $793M โ massive capital is flowing into Hyperliquidโs commodities and RWA perpetuals.
97% fee-burn keeps deflationary pressure constant.
Consolidation above $27.30 is a high-confluence entry.
Expect the bullish momentum to clear local resistances and push toward the $32.9 liquidity zone โ the next leg of the derivatives rotation is loading.
Trade here ๐

HYPEUSDT
Perp
34.9
+4.70%