Hyperliquid remains near the $78 support level after buyers defended the zone twice. Meanwhile, the protocol burned 32,770 HYPE worth $2.65 million, adding to its long-term supply reduction. Traders are watching the $84 resistance and potential moves toward $90 and higher targets.
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HYPE negotiates in USD $80.28 after cutting 10.33% since its historic peak of September 6. The 7.15% weekly fall contrasts with a monthly advance of 41.57% sustained by institutional purchases, scheduled token burns and ecosystem adoption. We analyze technical levels, flows and scenarios to decide whether correction is an opportunity or the beginning of a deeper retreat.