Picture. Symptoms + labs consistent with secondary or compensated hypogonadism. Free T is the operative number here — not total T.
Driver. Elevated SHBG is binding hormone before it reaches tissue. Total T reads "low‑normal" but bioavailable fraction is clearly low.
Axis. LH and FSH within range — pituitary signaling intact. Fertility preservation remains on the table if patient wants it.
Plan. Testosterone cypionate 100 mg / wk split twice weekly. Recheck full panel at 6 weeks. Discuss HCG at video visit per fertility goals.
Caveat. Borderline lipids — confirm dietary picture and family history at visit before starting therapy.