Loracle: Recovers $3M on HYPE Short as Price Retraces

Loracle recovered roughly $3M as HYPE pulled back from its recent all-time high above $82, trimming unrealized losses on the 685.745K token short to around $16M.

The position, opened near $56.39M notional, now shows a lifetime PnL of roughly -$16M with liquidation still marked at $101.16.

Price action on the 4h chart sits at $78.86 inside the Bollinger Bands with upper resistance at $82.25 and lower support at $68.17; the EMA50 at $67.96 and EMA200 at $61.92 continue to act as structural support while MACD prints a death cross at 4.18 and RSI at 67.46 leaves room before overbought territory, suggesting any HYPE price prediction bounce may first test the 50-EMA before continuation.