🚨 BREAKING !!!
HYPERLIQUID USES NEARLY ALL TRADING FEE REVENUE TO BUY BACK $HYPE - POWERFUL PRICE SUPPORT MECHANISM 📈

Buyback Strategy: Hyperliquid has used over $1.16 billion from trading fee revenue to repurchase HYPE tokens through its “Support Fund”.
Price Driver: According to Forbes expert Zennon Kapron, this aggressive buyback mechanism is a stronger price support factor than ETF inflow expectations.
Potential Risk: Kapron warns that the mechanism heavily depends on trading volume. A significant drop in volume could weaken the fund’s ability to support the token price.

$HYPE LONG SETUP - Consolidation Below ATH, Next Leg Loading 🌊🟢 (LONG)📍 Entry: $59.00 - $61.00
🎯 TP1: $65.00
🎯 TP2: $74.00
🎯 TP3: $88.00
🔴 SL: $57.00
⚡ Leverage: 10x | R:R 1:5
🕯️ Price Action: Rallied +47% from $42.5 to $62.65 ATH, now healthy consolidation at $60. All MAs bullishly stacked below price - structure intact. Higher highs, higher lows. Holding $60 psychological level as support while coiling for next breakout.

💸 Funding & Structure: Funding slightly negative at -0.003% - shorts paying longs. Mild but consistent bullish signal. $1.44B daily volume. ETF inflows at $16.1M dwarfed all other assets recently. Whale 0xf605 still in the building.

🎯 Thesis: Consolidation at $60 = energy loading. Break above $62.65 ATH = new price discovery. SL below the MA cluster at $57, structurally clean. TP1 clears the ATH, TP2/TP3 target new highs. HYPE has been the strongest large-cap this cycle.
⚠️ Small size. Hard SL at $57.
$HYPE
{future}(HYPEUSDT)