HYPE: Short Position Nears Liquidation at $87.61

HYPE climbed 19% and now trades at $68.69, pushing a leveraged short held by address 0x8def9f50456c6c4e37fa5d3d57f108ed23992dae underwater by roughly $10.95M.

The position comprises 685.74K HYPE tokens valued near $47.79M at 3x leverage, opened at $53.716 with liquidation triggered at $87.61.

Price action on the 4h chart shows HYPE testing upper Bollinger resistance at $66.81 while RSI(14) sits at 77.69 in overbought territory and MACD registers a bullish golden cross at 2.01; with the 50-EMA support anchored at $58.62 and the 200-EMA at $58.97, a healthy retracement toward those levels appears probable before any continuation higher, a setup that underscores leveraged trading risks and on-chain liquidation alerts for traders scanning HYPE price prediction models amid broader crypto market volatility.