【$HYPE Signal】Long | Volume and Price Rise Together Breakout Pattern

$HYPE After a volume surge of 23.49%, the price action indicates a strong breakout, with open interest increasing simultaneously, implying that main capital is entering the market rather than a simple short squeeze.

🎯 Direction: Long

🎯 Entry: 30.50 - 31.00

🛑 Stop Loss: 29.20 ( Rigid Stop Loss )

🚀 Target 1: 34.50

🚀 Target 2: 38.00

The price has broken out under massive volume, which is the purest PA signal of demand overwhelming supply. The increase in open interest confirms the establishment of new long positions, rather than a rebound driven by short covering. Currently, the price is consolidating above the breakout level, indicating healthy cooling and preparing energy for the next upward push. The key logic is that after the first large bullish candle, the retracement is usually shallow, with market psychology shifting from skepticism to FOMO. As long as it does not fall below the breakout zone’s lower boundary, the upward path faces minimal resistance.

Trade here 👇 $HYPE

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