HYPEUSDT | Daily FVG Rejection — Distribution Before SSL SweepHYPE / TetherUSBINANCEUS:HYPEUSDTquantativeAlphaOn the daily timeframe, HYPEUSDT is showing signs of distribution after a strong impulsive move earlier in the range. Price has transitioned into a corrective phase and is now interacting with a key Fair Value Gap (FVG) around the equilibrium (0.5) level, which is a classic area for potential continuation setups in ICT methodology. The recent price action reflects hesitation and lack of bullish commitment. Candles near the FVG are relatively small and overlapping, indicating inefficient upward movement and suggesting that this is a corrective retracement rather than a genuine bullish reversal. This type of behavior typically precedes continuation in the direction of the prior impulse — in this case, bearish. Notably, there are multiple inefficiencies (stacked FVGs) in the same region, reinforcing this zone as a strong supply area. Price tapping into this region increases the probability of a reaction, especially if accompanied by lower timeframe confirmation such as a Change of Character (CHoCH) or internal Break of Structure (BOS). From a liquidity standpoint, the market has clearly formed a pool of Sell-Side Liquidity (SSL) below the recent lows. This becomes the primary draw on price, as smart money often targets these areas after completing a retracement into inefficiency. The projected path suggests a potential push slightly higher into the FVG for liquidity inducement, followed by a strong bearish expansion targeting the lows and beyond. Invalidation would be a strong bullish displacement that breaks and holds above the FVG zone, shifting the short-term structure. This is not financial advice. Always apply proper risk management.