Hyperliquid Is Breaking Structure. Here Is How We Frame The RiskHyperliquid / USDTMEXC:HYPEUSDTpullbacksignalStrong fundamentals attract attention, but clean market structure dictates the execution. HYPEUSDT Hyperliquid has established itself as a dominant force among decentralized perpetual platforms, consistently capturing significant volume and generating real protocol fees. When a fundamental outperformer finishes a long period of consolidation and begins breaking structural compression, technical traders take notice. Looking at the daily timeframe, HYPE expanded toward the $76 peak before entering a controlled, multi-week corrective wedge. Price is now pressing against the upper resistance boundary near $69, attempting a structural breakout. We do not predict whether price pushes straight through or takes a breath first. Instead, we map out the key levels where risk is clearly defined: Support / Retest Zone: $65 – $61 First Target: $85 Main Target: $106 Invalidation Level: $53.0 Key Perspective If the market holds above the $65 – $61 zone and confirms the breakout, the structural path toward $85 and macro expansion to $106 remains open. The most critical level on this chart is $53.0. As long as price remains above this structure, the bullish bias holds. A daily close below $53.0 completely invalidates the setup, indicating the market needs more time or deeper consolidation. We do not chase green momentum. We define the invalidation first, calculate the risk, and let price bring the confirmation. Patience before execution. Risk Warning: Trading cryptocurrencies involves significant financial risk. This analysis represents a personal market view and structural perspective, not financial advice. Always define your risk before entering any trade and never risk capital you cannot afford to lose.