Hyperliquid ran vertically from $58 to $83.7 to set an all-time high, and has spent the last five days catching its breath inside a tight $77-84 range.
At $78 the June high that flipped into support meets the range floor, and even at record highs it is the bears paying a holding fee, so nobody is crowded long.
If $75.6 breaks, the floor that has held for five days and the June support line give way together, and at that point the call is simply wrong and gets closed.
The full analysis is for members
Analysis by methodology (ICT, Wyckoff, Elliott, divergence, macro, news), invalidation levels, R:R and confidence are in the member report.