HYPEUSDT Perpetual Contract
Long
Updated

HYPE | Hyperliquid - Swing Long Idea

90
HYPE | Hyperliquid - Swing Long Idea

📊 Market Sentiment
Market sentiment remains bullish, supported by expectations of a 0.25% rate cut at the upcoming FOMC meeting. The weakening USD and rising risk appetite across global markets continue to favor crypto assets.
We're currently seeing a minor retracement, primarily driven by the Nasdaq’s pullback — but the overall outlook for the crypto market remains bullish in the weeks ahead.

📈 Technical Analysis
Price broke the bullish trendline that had supported the uptrend for a while.
Following the breakout, we saw a deeper retracement that grabbed the equal lows liquidity.
This area is significant — equal lows often contain large liquidity pools, which smart money tends to target for accumulation.

📌 Game Plan
Price has already broken 4H structure again and formed a 4H demand zone.
It then retested the 4H demand zone and showed a clear rejection — confirming the setup.

🎯 Setup Trigger
I entered the trade precisely at the retest of the 4H demand zone: $38.316

📋 Trade Management
Stoploss: $35.46
Targets:
TP1: $44.80
TP2: $50.00
I will trail my stop to lock in profits aggressively along the way.

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More setups and market insights coming soon — stay connected!
Trade closed: target reached

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