$HYPE COILING AT CHANNEL SUPPORT — BREAKOUT OR REJECTION? 🚀
Hyperliquid is compressing inside a tightening structure after bouncing from the long-term ascending support near $22–$24. Price is now consolidating around $30–32, while the broader descending resistance from previous highs still caps upside momentum. A successful push above $34–$36 could open the path toward $38–$40, but failure here may trigger another pullback to channel support.
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