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$HYPE I see a large short squeeze occurring around $27.58984, and the price did not reject this area; instead, it remained firm. This kind of wipeout usually clears out a lot of selling pressure and shifts control to the buyers.
EP: $28.10
TP1: $29.40
TP2: $31.20
TP3: $33.80
SL: $26.20
The price remains above $27.58, and the structure is still constructive.
As the wipeout removes downward pressure, the upward trend is strengthening.
Liquidity is concentrated around $30.00 and $32.50, which may attract further upside potential.
$HYPE