HYPEUSDT - ATH Retest. Consolidation Before a Rally?

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HYPEUSDT - ATH Retest. Consolidation Before a Rally?HYPE / TetherUS PERPETUAL CONTRACTBINANCE:HYPEUSDT.PRLindaHYPEUSDT.P is testing its ATH (all-time high), while the market is becoming increasingly euphoric. The main catalyst is the crypto summit at the White House. Another pre-election move by Trump? The cryptocurrency market is in a state of euphoria. Bitcoin has most likely completed its bearish cycle. However, a strong rally could be followed by a correction, and a short squeeze — for example, in the 80K–83K area — could trigger a 30–40% pullback. HYPE is outperforming the broader market and is testing its ATH, giving the coin strong potential for further upside. After a strong rally, the altcoin is testing the resistance zone of its trading range. A prolonged consolidation would increase the chances of a breakout above 75.88 and a potential move toward 88.90 Resistance levels: 75.88 Support levels: 71.27, 69.11 I expect HYPE to hold above 76.0 without a significant pullback and continue consolidating. A breakout and close above this zone could trigger further upside toward the stated target Best regards, R. Linda