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$HYPE Holding Key Support Post-Unlock – Rebound Setup Forming
Hyperliquid’s $HYPE is holding firm near the critical $67 level after today’s major token unlock. Trading around $67–$70, it has so far avoided a breakdown and is showing resilience amid the supply event.
Technical Snapshot:
• Support: $67 zone (key level defended post-unlock) — linchpin for bulls
• Resistance: $72–$77 (ATH area). A clean break opens $80+
• Momentum: Healthy volume. Holding $67 keeps the structure constructive; reclaiming $72 would be a strong bullish signal.
The Setup:
The July 6 unlock was a major test, and HYPE has handled it better than many expected. The platform continues to dominate perpetual DEX volume with strong real usage. If it sustains above $67 and reclaims $72–$75, the path to new highs opens quickly as unlock overhang clears.
Short-term bullish bias as long as $67 support holds. This looks like healthy consolidation rather than a trend reversal.
Is $72 the next target or more range-bound action first? Drop your thoughts below 👇
#Hyperliquid #HYPE #Crypto