The first TeV γ-ray source with no lower energy counterparts, TeV J2032+4130, was discovered by HEGRA. It appears in the third HAWC catalog as 3HWC J2031+415 and it is a bright TeV γ-ray source whose emission has previously been resolved as two sources: HAWC J2031+415 and HAWC J2030+409. While HAWC J2030+409 has since been associated with the Fermi Large Area Telescope Cygnus Cocoon, no such association for HAWC J2031+415 has yet been found. In this work, we investigate the spectrum and energy-dependent morphology of HAWC J2031+415. We associate HAWC J2031+415 with a γ-ray binary system containing the pulsar PSR J2032+4127 and its companion MT91 213. We study HAWC data to observe their periastron in 2017. Additionally, we perform a combined multiwavelength analysis using radio, X-ray, and γ-ray emission. We conclude that HAWC J2031+415 and, by extension, TeV J2032+4130 are most probably a pulsar wind nebula powered by PSR J2032+4127.
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