HYPEUSDT — Resistance Rejection & Downside Continuation | 1H

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HYPEUSDT — Resistance Rejection & Downside Continuation | 1HHyperliquid / TetherKUCOIN:HYPEUSDTApex_Legends HYPE is rejecting from the 93.00–97.00 resistance zone and has broken below the rising trendline structure. Price is now trading around 90.70, opening room toward the marked support levels. 🟥 Current Resistance Zone: 93.00–97.00 📍 Structural Level: 90.00–90.70 🎯 1st Support / Target: 84.00 🎯 2nd Support / Target: 74.80 Structure: Bearish while price remains below the 93.00–97.00 resistance zone. A sustained move below 90.00 keeps the downside structure active, with 84.00 as the first support and 74.80 as the next major downside reference. A strong reclaim above the resistance zone would weaken the bearish setup.