$HYPE
🚹 HYPE Current Market Update

$HYPE is trading near $89–$90, showing solid recovery momentum after defending the $85–$87 support area. 📈

A key bullish development: Hyperliquid’s 3.75M HYPE team-token unlock is being handled through an OTC deal with an institutional buyer, not through open-market selling. This may reduce immediate sell-pressure concerns. ⚡

Key levels to watch:
✅ Support: $86–$87
đŸ”Œ Resistance: $93–$95

A strong move above $93 could bring $98–$100 back into focus. But if HYPE loses $86, short-term downside pressure may return. 📊

Current view: Cautiously bullish while price holds above $86.

💬 Do you think $HYPE can break above $93 next?
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