Hyperliquid priceHYPE

$HYPE – Watching for Continued Downside Current short exposure is over 300K, with around 40K in realized gains so far. Even shorts opened above the $30 region have delivered solid returns. Looking ahead, a scheduled unlock on March 6 will release roughly 9.9M tokens — a significant amount of potential new supply. At the same time, weekly revenue has reportedly declined sharply since early February, and TVL has contracted to around $4.2B, signaling softer ecosystem activity and reduced buying momentum. Technically, price remains capped under a descending trendline, suggesting continued structural pressure. If trading this setup, stay disciplined, manage your exposure carefully, and define clear invalidation levels before adding to any short position. follow me 👇

$HYPE testing key intraday support after heavy sell pressure. Sellers in control but structure nearing short term reaction zone. EP 27.30 – 27.60 TP TP1 28.50 TP2 29.20 TP3 29.90 SL 26.80 Liquidity tapped the 27.45 low and price attempting stabilization. If structure reclaims above 28.00, rotation toward upper range liquidity is likely as downside momentum cools and shorts cover into resistance. Let’s go $HYPE

*$HYPE Short Idea 📉* Was meaning to post this earlier. The setup was clear and could be extracted from the previous post, but sharing it here for clarity. I would have taken the $HYPE short if I didn’t already have short exposure. Just a trade idea — manage risk accordingly. ⚠️$HYPE

$HYPE Long 🟢 Trade setup grinding along a narrow ledge here. bounce attempts losing punch. price keeps hovering on the same band, dips under, gets pulled back and stalls again. lower tails show up but dont travel far, just enough to reset before the next weak push. those pushes getting shorter. volume flashes on the bounce then fades fast like effort leaking out on contact. im in with reduced risk, hands off just watching. if it slips off this ledge and cant snap back into range im out. exit on first clean slide that doesnt get reclaimed. entry: 28.500 - 29.100 stop loss: 27.700 tp: 30.500 - 31.600 Move sl to Entry after tp1 Losses are part of trading. Survival and risk control matter more than one big win. So use sl Risk Max 1-2% you can trade 👇 $HYPE nfa dyor