Loraclexyz: Adds 8.73K HYPE Short at $55.71

Loraclexyz increased its $HYPE short by 8.73K tokens at $55.71, bringing the total position to 546.72K $HYPE worth roughly $30.44M with an entry at $52.90 and $1.52M in unrealized losses.

The wallet has now booked $2.27M in losses over the past seven days while continuing to scale the short, with liquidation still set at $82.28.

Price sits at $55.74 inside the Bollinger Bands with upper resistance at $57.76 and lower support at $53.97; the 50-EMA at $55.3 acts as immediate support while the 200-EMA at $59.38 caps upside, and the neutral RSI at 53.09 combined with the MACD death cross at 0.51 points to a likely retracement toward the 50-EMA before any sustained move higher, shaping the latest HYPE price prediction amid crypto market crash fears and AI industry impact on leveraged positions.