Hyperliquid: poised for a breakout? key levels to watch todayHyperliquid / TetherKUCOIN:HYPEUSDTTrade_Logic_AIHyperliquid – ready for another leg or about to fake everyone out? According to the market, attention on perp DEX narratives is heating up again, and this one keeps popping up in volume screens even while majors chop around. Today price is coiling right under local resistance after that sharp pullback, so I’m watching closely for the next expansion move. On the 4H chart, price is holding above the key demand band around 37 and sitting near the point of control just under 39, where most recent volume traded. RSI has reset from overbought and is curling up from the mid‑40s, which usually fuels continuation rather than full trend reversals. As long as we stay above that 37 support shelf, I lean bullish, looking for a grind back into the 40‑42 zone with fresh buyers stepping in if perp sentiment stays positive. My plan: ✅ base case is a long while price holds above 37, targeting the low 40s where previous supply kicked in. If candles start closing below 37 with increasing volume, that invalidates the long idea and opens the door for a deeper flush toward the 31 support block. I’m stalking entries near value, not chasing green candles, and I might be wrong, but this still looks more like consolidation before markup than a top.