$HYPE: Breakout or breakdown? 06/08HYPEUSDT Perpetual ContractBYBIT:HYPEUSDT.PWall_Street_LevelsHYPEUSDT.P ⚠️ After bouncing off the lower boundary of the descending channel, the asset printed a daily reversal, but price action just hit monthly 📊M-Levels. To sustain upside momentum, price needs to hold the $53.7-$55.75 range and break through that 📊M-Levels. 🧩IMA data shows 🐋WhaleMAX building longs, setting up a potential breakout. Today, the focus is on whether the US session backs this move or if price breaks down toward the $41-$44 zone. Trade plan: 🟢 long on 📊M-Levels breakout at $57.70 🔴 short on daily support breakdown at $53.72 Analysis from me — execution from you 🚀 📊M-Levels — Institutional Interest Levels (IIL) 🐋WhaleMAX — large players Analysis powered by 🧩IMA (Integrated Market Analysis) ⚠️ Platform restrictions limit the publication of closed indicators. I display only the output of the 📊Levels algorithm - Institutional Interest Levels (IIL).