HYPE LONG D1HYPE / Tether PERPETUAL FUTURESMEXC:HYPEUSDT.PkmiarkaPrice is pulling back into a well defined higher timeframe demand zone while still respecting the ascending trendline that has been guiding structure since early Q1. The current retracement looks corrective rather than impulsive, and buyers have consistently stepped in at each touch of this trendline. We’re now trading just under the mid range, with liquidity sitting above the most recent swing high. As long as price holds above the trendline and the lower boundary of the red invalidation zone, the expectation is for continuation to the upside.