$HYPE LTF Update

HYPE showing signs of local recovery off 33.6 support (dWeek VAL). Price is now testing the underside of the dMonth VAL at 34.27 reclaim here opens room toward 35.29 (pMonth VAH).

That zone (35.3–35.8) remains key resistance. It's the lower boundary of the major supply cluster defined by the 30D/7D VWAPs and dMonth VWAP near 37.5–37.7. No structural reversal without reclaiming that zone.

In the short term:

Holding above 33.6 = bias up toward 35.3–35.8.

Rejection below 34.3 = likely chop or another test of 32.

Still corrective unless VWAPs are reclaimed.