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Hyperliquid (HYPE) Price Might Be Entering the “Trap Phase” Before the Next Move

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HYPE has been stuck in a choppy stretch after failing to hold its push above the mid-$30s.The price has bounced back several times around the low-$32s, each time the price makes an attempt to move higher, another rejection occurs around the $35 mark. This has made the market quite fragile as everyone is leaning long
bullish:

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bearish:

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