FireHoseReel | HYPE on 0.618 Fibonacci Decision Zone

5 days ago

🔥 Welcome To FireHoseReel !
Let’s jump into HyperLiquid (HYPE) market analysis.

👀 HYPE 1H Overview
HYPE is currently trading near a key support zone and is forming a lower low compared to the previous bottom. This area also aligns with the 0.618 Fibonacci retracement, making it a critical reaction zone.

📊 Volume Analysis
HYPE volume has dropped significantly. The first strong increase in volume is likely to define the next major move. Volume is the most reliable confirmation here.

✍️ HYPE Trading Scenarios

🟢 Long Scenario:
A breakout above $35.945, either through a short squeeze or strong buy volume, can activate a bullish move to the upside.

🔴 Short Scenario:
A breakdown below the current support near $33.179 with rising sell volume can trigger a solid short setup.

🧠 Protect your capital first. No setup is worth blowing your account. If risk isn’t controlled, profit means nothing. Trade with rules, not emotions.

4 days ago

Trade closed: target reached

👀 HYPE 15m Update on 🔴 Short Scenario ( -8.18% ChartMovement ).