$HYPE
I’m treating HYPE as Hyperliquid’s token. I couldn’t get a reliable live OHLC feed from the available sources just now, so I don’t want to invent current candle prices.
Recent HYPE candles — schematic

Resistance ───────────────
│
🟥 │ 🟥
███ │ ███
🟩 ███ 🟥 │ ███
███ ███ ███│
███ ███ ███
───────────────┴──────── Support
Bias: Neutral → bearish while price remains below recent resistance.

Bullish: A strong daily candle closing above the recent swing high would favor continuation higher.

Bearish: A daily close below the recent swing low would increase downside risk.

Key point: Watch the latest candle's high/low for the next breakout direction.
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