The charts are heating up, and Hyperliquid (HYPR) is making serious noise — but here’s the real question:
Let’s go deep. 🔎
1. Range High Retest = Critical Moment
HYPR is testing the upper boundary of its recent price range. This is usually where either:
✅ Breakouts happen
❌ Or price gets rejected hard (failed auction style)
Right now, volume isn’t surging, and that’s a red flag for bulls. Low conviction at range highs = warning sign. 🚨
2. Failed Auction? What It Means
A failed auction is when price pushes above key resistance, traps breakout traders… and then reverses violently.
It’s the ultimate bull trap — price looks strong, but smart money is selling into it. 📉💀
If HYPR fails to hold above the high and closes back in the range… expect sharp downside.
3. Liquidity Hunt or Real Breakout?
This could just be a liquidity grab — price spikes up, clears stop losses, triggers FOMO entries… then dumps.
Classic manipulation zone. Smart traders are watching closely for confirmation, not emotion. 🧠
4. Volume & Order Flow = 🔑
If we don’t see rising buy-side pressure, clean market structure, or strong follow-through…
It’s not a breakout — it’s a trap.
Order books show heavy sell walls near the top — possible distribution in play.
5. What Traders Should Watch:
⚠️ Close above range high + volume = bullish continuation
⚠️ Wick above range high + close back in range = short setup
⚠️Divergence in RSI or OBV = hidden weakness
This is a make-or-break zone for Hyperliquid.
Final Take:
Don’t get played by the breakout hype.
Smart entries happen on confirmations, not emotions.
Trade with logic, not FOMO. 🧘♀️
Follow me for more alpha, clean breakdowns, and trap-spotting strategies you won’t find in headlines. @TradeTerra
Let’s outsmart the market, together.
