HYPE continues to demonstrate a strong bullish market structure on the daily timeframe, characterized by a sequence of higher highs and higher lows following its breakout phase. The recent retracement from the local top has respected a key support region, forming a higher low that reinforces trend continuation. This controlled pullback indicates that selling pressure is limited and that buyers are stepping in at structurally important levels.

The current price action suggests consolidation within an uptrend rather than distribution. With no clear breakdown in structure, the bias remains tilted toward further upside. The projected move indicates a potential continuation toward previous highs, where liquidity is likely resting.

If $HYPE maintains support and avoids losing the higher low structure, the next expansion phase could push price significantly higher. In this context, pullbacks remain favorable for positioning within the broader bullish trend. #TetherFreezes$344MUSDTatUSLawEnforcementRequest

HYPEUSDT

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