*HYPE at $94.70 - Is $100 The Next Liquidity Magnet? 🚀*
$HYPE has rebounded from $75 in September and is now testing the critical *$93.75* resistance.
*Liquidation Heatmap Analysis (Chart Above):*
Brighter yellow = More liquidations = Price magnet
*Downside:*
*$75 Cluster* - Heavy long liquidations. This was September's bottom and now acts as major support.
*Upside - The Targets:*
*$98 Top Zone, $100, $106, $112 Clusters* - Heavy short liquidations stacked. The market loves to hunt this liquidity. The biggest magnet is at $100 and $106.
*Technical Confluence:*
- Trading above $87.50 Murrey Math pivot
- Chaikin Money Flow at +0.20 (Accumulation phase)
- Weekly chart above Supertrend $61.46 - Uptrend intact
*My Scenario:*
*Bullish Breakout:* A 4H close above $93.75 opens $98 -> $100 -> $106.25
*Bearish Rejection:* Rejection at $93.75 could drag it back to $87.50
With so much liquidity sitting at $100, a breakout looks more likely to me.
Are you Long or waiting for a dip?
Follow my channel.
Thanks
$HYPE
#Hyperliquid #HeatmapTrading #Hyperdust #HYPER
$HYPE has rebounded from $75 in September and is now testing the critical *$93.75* resistance.
*Liquidation Heatmap Analysis (Chart Above):*
Brighter yellow = More liquidations = Price magnet
*Downside:*
*$75 Cluster* - Heavy long liquidations. This was September's bottom and now acts as major support.
*Upside - The Targets:*
*$98 Top Zone, $100, $106, $112 Clusters* - Heavy short liquidations stacked. The market loves to hunt this liquidity. The biggest magnet is at $100 and $106.
*Technical Confluence:*
- Trading above $87.50 Murrey Math pivot
- Chaikin Money Flow at +0.20 (Accumulation phase)
- Weekly chart above Supertrend $61.46 - Uptrend intact
*My Scenario:*
*Bullish Breakout:* A 4H close above $93.75 opens $98 -> $100 -> $106.25
*Bearish Rejection:* Rejection at $93.75 could drag it back to $87.50
With so much liquidity sitting at $100, a breakout looks more likely to me.
Are you Long or waiting for a dip?
Follow my channel.
Thanks
$HYPE
#Hyperliquid #HeatmapTrading #Hyperdust #HYPER