Coin Name: $HYPE

Signal Type: Long (Spot & Future)

As you all can see that HYPE coin is following an uptrend. Following the uptrend it has broke it's major resistance line and that resistance line has became it's support now. HYPE has touched and respected the support line which indicates a bullish move of the market.

Hype Coin Chart

In the USDT Dominance chart you all can see that, USDT dominance has broke-down it's support line and now the support line has became it's resistance. We can say that USDT dominance will go down. Hope you know there is a negative correlation between crypto and USDT dominance. If USDT dominance is bearish, that means crypto market is bullish.

USDT Dominance Chart

In the liquidation heatmap chart you all can see that there is not much liquidity downwards. There is huge liquidity upwards in 43 level. Hope you all know market moves towards liquidity.

Liquidation Heatmap

Because of these bullish indications I think HYPE coin will pump.

Entry Price: 40.740

Leverage: 7X

SL: 39.727

1st TP: 47.411

2nd TP: 50.200

#hype #Hyperliquid