# Whale Refusing to Unwind, Will HYPE Break $40 Tonight? Or a Bull Trap? Retail Don't Wait for Pullbacks!

Just finished watching the charts, and the backend blew up again: Sister Mei, can we still chase HYPE? Did that whale run?

Hold on, I re-scraped the data and will break it down for you in detail: news → technicals → personal views → trading suggestions!

## I. News: The Whale Hasn't Left, This Game is Bigger Than You Think

The biggest HYPE long, holding $54 million in positions, just broke even.

But many misread it—thinking it's good news all priced in and time to bail. Wrong! On-chain data shows: not only did he not close positions, he's now sitting on $590k in unrealized gains, with liquidation at $27.55 and a safety cushion over 30%.

This guy precisely built positions on October 23 last year, one day before HYPE listed on Robinhood. He endured $1.66 million in funding fee losses, grinding for nearly five months, just to make 5%?

Impossible. His target is far beyond $40.

News summary: The whale is still in the boat, even thinking of going further. Don't outsmart yourself and jump off before him.

## II. Technicals: The 4-hour Chart Already Wrote the Script

MACD: Yellow and white lines firmly above the zero line, just formed a "water surface golden cross"—this is a main wave breakout signal, not a bounce.

Key levels: Close at $38.822. Resistance above at $40, then $41.6 (November last year high); support below at $36, extreme level $33.6.

Volume: Bottom volume expansion, capital flowing in.

Technicals summary: No bearish signals on technicals. The only risk is a sharp pullback after spike up to shake out positions, but the big picture is up.

## Retail Trading Suggestions

**Holding positions:** Hold tight, move stop loss up to $36.5. First target $40, take half off at that level, let the rest ride.

**Empty and want to enter:** Don't chase above $39. Wait for two opportunities:

1. Retest $38.2-38.5 light entry;

2. Break $40 and hold 15 minutes right side, then follow.

Hold if you have it, wait if you don't. The core is stop loss and position sizing, don't go all-in.

## III. Sister Mei's Personal View: $40 Can Happen, But Watch Out for One Thing

My judgment: Tonight to tomorrow, HYPE will test $40, and likely will break above.

Reasons: News supporting + technicals backing + FOMO sentiment.

But note: After breaking $40, there could be a quick retest to shake out weak hands before attacking $41.6. Classic whale playbook.

Bullish, but don't chase the high. Wait for the retest to enter, or follow after confirmed break above $40 right side.

The market always has opportunities. The key is to stay calm with your trading. $HYPE