$HYPE - Long Setup At Monday High Demand Zone

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$HYPE - Long Setup At Monday High Demand ZoneHYPEUSDTPERP PERPETUAL MIX CONTRACTBITGET:HYPEUSDT.PCryptoracleroAs seen on the 1-hour chart, HYPE is currently cooling off after printing a new All-Time High at $70.4. The local ascending trendline has been broken to the downside, setting up a healthy and much-needed pullback into a key discount array. The Technical Setup We are heavily monitoring the Monday High ($64) area. This looks like a high-probability zone for a liquidity sweep before the next macro expansion. The Execution Plan: Looking for a pullback, sweep, and reclaim at the Monday High. Target: $70+ on the next expansion leg, targeting a retest and sweep of the ATH. Invalidation: A clean hourly candle close below this support completely invalidates the bullish thesis. Patience is key here ~ let the market come to the levels and print a clear structural confirmation before entering. Disclaimer: This is a personal market analysis for educational purposes, not financial advice. Manage your risk accordingly.