HYPEUSDT Breaks the High Again - Is $107 Still in Play?Hyperliquid / TetherKUCOIN:HYPEUSDTpirooz_traderHyperliquid has developed into a Layer 1 ecosystem focused heavily on on-chain trading, with HyperCore powering its core trading infrastructure and HyperEVM expanding its broader ecosystem. HYPE is the native token of the Hyperliquid network. A while ago, I shared a technical analysis of #HYPEUSDT, and so far, the price action has been following the scenario I discussed. HYPE has now broken above its previous high once again. In my previous analysis, I identified a Cup & Handle pattern and projected a potential target around $107. So, what's next? For those who missed the breakout, I would be watching the previous broken resistance for a potential pullback. If that level turns into support, it could provide an interesting area to watch for the continuation of the move. Another point worth noting: RSI on the Daily timeframe is still below 70, meaning it has not yet entered the traditionally overbought zone. Suggested maximum leverage: Daily: 2x 4H: 4x 1H: 1x This is a technical analysis, not financial advice. Manage your risk and avoid excessive leverage. Trade smart, stay disciplined, and keep learning. Profitable trades and all the best! 📈