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06/17 17:06Haussier

Hyperliquid – HYPE has ONE hurdle before $72-$74 c

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Hyperliquid – HYPE has ONE hurdle before $72-$74 comes into view After spending nearly two weeks recovering from its post-rally correction, Hyperliquid [HYPE] is beginning to challenge an area that previously stalled rebound attempts. That correction eventually reached $59.73, where downside pressure began losing strength and buyers started rebuilding demand. Since then, HYPE has recovered steadily, trading at $64.97 and reclaiming a meaningful portion of the June decline. More importantly, the rebound suggests the market is attempting to transition from correction back into recovery rather than extending the previous sell-off. On the daily timeframe, the focus extends beyond the recent $65.72 high. If buyers maintain control, attention could gradually shift toward the broader $70-$79 region that was lost during the correction. Reclaiming that area would strengthen the case for a renewed uptrend. However, the recovery remains unfinished. Loss of momentum and retracement toward $60.74 would suggest sellers still retain influence over the larger structure.

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