Hyperliquid / Tether
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HYPEUSDT Bullish Recovery | Descending Trendline Test (1H)

336

HYPE has recovered strongly from the 76.60–77.00 support zone and is now approaching the descending trendline and nearby resistance around 80.00–80.50. Price is attempting to reclaim the moving-average area, making the next breakout or rejection important.

🟦 Support Zone: 76.60–77.00
🟢 1st Resistance Objective: 83.00–83.20
🟢 2nd Resistance Objective: 87.00–87.20

📈 Bias: Bullish recovery, with resistance confirmation still needed.

A clean breakout and hold above the descending trendline could strengthen the recovery toward 83.00–83.20, followed by the 87.00–87.20 resistance area. If price is rejected around the current resistance, the 76.60–77.00 zone remains the key support area to monitor.
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TARGET DONE snapshot

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