HYPE: liquidity sweep before bullish moveHYPE / TetherUS PERPETUAL CONTRACTBINANCE:HYPEUSDT.P3CommasThe Macro Picture 🗺️ Three sessions ago HYPE printed a clean rejection at the $64.5 local high — a textbook liquidity hunt that triggered buy stops above the prior ATH and then collapsed price back toward the $56 pullback pivot. The macro structure remains unchanged: the February–May rectangular accumulation has broken, $48 has flipped into structural support, and price is now navigating the first real retest of post-breakout demand. This is the kind of structural reset that doesn't reverse trends — it cleans them out before extending. The Setup ⚙️ The Sweep: The wick into $64.5 cleared out late breakout buyers and over-leveraged longs chasing the move into price discovery. Bears defended this ceiling aggressively, dragging price back roughly 8% in three sessions and resetting RSI from overbought 75 down toward the 65 midline. The Pullback Pivot: The $56 zone is being defended from above as the first line of demand. Bulls holding this floor preserves the post-breakout structure intact; a clean loss opens the path toward the deeper $48 support flip. The Retest Zone: The $48 macro floor is where the breakout actually validates. This level has not been tested as support since the impulse cleared the range — a high-confluence pocket that desperately needs to be tested before the next leg up can be fully trusted. The Roadmap: Primary target remains $70 — the measured-move projection from the breakout still points to the same liquidity pocket above the ATH. Invalidation: a sustained 1D close below $48 would invalidate this bullish thesis and trigger a full structural reset back toward the $38–$44 accumulation zone.