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๐ฅ $HYPE/USDT
BREAKOUT RETEST MODE
๐ STRUCTURE: Strong Bullish Expansion โ Healthy Pullback
๐ Massive breakout from $38โ$44 range โ peak at $62.9
โ ๏ธ Now retesting MA5 zone after impulse leg
๐ก READ:
This is either:
๐ Clean retest โ continuation higher
OR
โ ๏ธ Distribution top โ deeper retrace trap
๐ TRADE SETUP (LONG DIP BUY)
๐ Entry Zone: 53.500 โ 55.500
๐ SL: 49.800
๐ฏ Targets:
TP1: 59.500
TP2: 62.500
TP3: 66.000 (price discovery extension)
๐ญ KEY QUESTION ($HYPE):
Is this a retest-before-escape or a liquidity trap before retrace to $48?
#OKXPizzaDay #TrillionDollarIPOs #HYPEShortSqueeze
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