🤯 $HYPE: Ascending Triangle Breakout – Is This the Next 10x? 🚀
Entry Zone: $25.20 – $26.00Take Profit 1: $29.54Take Profit 2: $35.25 – $45.00Stop Loss: $22.00$HYPE/USDT isn’t just breaking out – it’s signaling a potential shift in the decentralized derivatives landscape. Hyperliquid is dominating with $1.2 trillion in monthly volume, and $HYPE is at the heart of it. This isn’t a simple technical play; it’s about a platform gaining serious traction.
The chart confirms a clean Ascending Triangle breakout, with buyers consistently stepping in and price holding above key EMAs. This isn’t distribution; it’s accumulation. 📈
But here’s the catch: a $320M+ token unlock is looming on January 6, 2026. Manage risk! Consider partial profit-taking at TP1 and move your stop loss to breakeven. ⚠️
Adding to the bullish case? $HYPE’s deflationary tokenomics – 97% of fees go to buybacks and burns, removing roughly 333,000 tokens monthly. Less supply + high volume = a powerful combination. 🔥
Beyond the trade, Hyperliquid is evolving with HyperEVM integration and tokenized stock trading. But remember: narratives need structure and risk control.
Trade the plan, protect your capital, and let the market confirm. This is a high-quality, high-volatility setup. Patience and discipline are key. 🧠
#hype #Hyperliquid #cryptotrading #longtrade 💪
