$HYPE tests price discovery after strong demand reaction 🔷

$HYPE has continued to respect its key demand zone, with buyers defending structure and pushing price back toward all-time high territory. The next major test is the upper resistance area, where a clean breakout would support continued price discovery.

Structurally, the setup remains constructive while support holds. I’d treat the green support zones as the invalidation framework and the yellow resistance zone as the area where momentum needs confirmation, not assumption.

Not financial advice. Manage your risk.

#HYPE #Hyperliquid #LongSetup #Crypto

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