Hyperliquid | Trend Switching – Targeting $37 Support First

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Hyperliquid | Trend Switching – Targeting $37 Support FirstHyperliquid/USD Tether Perpetual ContractBINGX:HYPEUSDT.PSwallowAcademyHYPE looks interesting as the trend is switching here. We are now targeting the local support zone at $37 first, where our initial trade can be taken. Gameplan is simple: after hitting that zone, we look for the breakdown of the same support, which should open a strong 18-20% downside move. The first trade at $37 is only 1:1 RR so not the main focus, but it's the current target we are watching. Swallow Academy