$HYPE is facing notable liquidation pressure around $77.38366 after a long-liquidation sweep.
For bulls to recover control, price needs to reclaim $77.38366 and hold it as support. Strong demand above this level would improve the market structure.
Support
$77.38366
Resistance
$77.38366
Next target
$77.38366
Pro tip
A decisive reclaim above $77.38366 would strengthen bullish momentum.
EP
$77.38366
TP
$77.38366
SL
$77.38366
HYPE is sitting at an important reaction zone following the liquidation event. Confirmation above the level is key before expecting continuation.
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