$HYPE Hyperliquid is consolidating between $70 and $75 after pulling back from its all-time high. Heavy perpetual futures activity and positioning around the $70 level are keeping traders interested. The immediate setup focuses on whether buyers can defend range support. A recovery toward $75 and beyond remains possible, but losing $70 could expose the market to further downside liquidity.
📈 Bias: Neutral-to-Bearish | 🎯 Entry: $70.20–$71.50 | 🛡 Support: $70.00 / $68.00 | 🚧 Resistance: $75.00 / $78.50 | 🎯 Targets: $74.20 / $76.50 / $78.50 | ❌ Invalidation: Below $68.80
Strategy: Monitor the $70–$71.50 support-entry zone for a confirmed bounce. A break below $70 weakens the range-support setup.
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