$HYPE (Hyperliquid) — Short Crypto Analysis
Technical outlook: HYPE has been correcting after trading above $90 in late October. The price is near an important support zone.
Key level
Price
Significance
Support 1
$70–71
Immediate buying zone
Support 2
$65–68
Potential downside target
Resistance 1
$75–78
First recovery hurdle
Resistance 2
$83–85
Stronger recovery confirmation
My assessment: Cautiously bearish in the short term, but potentially attractive for a rebound if $70 holds. A sustained move above $78 would improve the outlook. These are technical scenarios, not guaranteed price targets.

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