Hyperliquid (HYPE) Coin — Short Analysis
Trend: Cautious / potentially bearish in the short term.
Support: $82–84, then around $80.
Resistance: $88–90.
Bullish scenario: A strong breakout above $90 with high trading volume.
Bearish scenario: A breakdown below $82 could lead to further downside.
My view: Avoid chasing the price. Wait for confirmation at support or a breakout before entering a trade.
Trend: Cautious / potentially bearish in the short term.
Support: $82–84, then around $80.
Resistance: $88–90.
Bullish scenario: A strong breakout above $90 with high trading volume.
Bearish scenario: A breakdown below $82 could lead to further downside.
My view: Avoid chasing the price. Wait for confirmation at support or a breakout before entering a trade.