HYPE (Hyperliquid)
$HYPE is very bullish but stretched right now. It is trading around $85–87, close to its recent/all-time high around $88.0–88.1.
📈 Key levels
Level Importance
$88–89 Major resistance / new ATH zone
$90 Psychological breakout level
$84–85 First support
$81–82 Stronger breakout-retest support
$76–77 Major support / 20-day EMA area
$HYPE recently broke into price discovery, with momentum supported by rising volume and the broader crypto rally. Technical data also shows the 20/50/100/200-day EMAs well below price, confirming the strong trend.
🟢 Bullish scenario
If HYPE breaks $88–90 with strong volume and holds above it, the next zones I'd watch are:
$92 → $95 → $100
A clean daily close above $90 would make the $100 psychological target much more realistic.
🔴 Pullback scenario
The biggest risk right now is chasing the move.
If HYPE loses $84, I would watch:
$82 → $80 → $76–77
A drop toward $76–77 would not automatically mean the bullish trend is broken; it could simply be a deeper retest.
⚠️ Very important today: token unlock
Around 9.92 million $HYPE are scheduled to unlock on September 6, worth roughly $863M at current prices. That's a significant potential source of selling pressure.
However, HYPE's fundamentals remain strong: Hyperliquid says 99% of protocol revenue is directed toward its Assistance Fund, which automatically buys HYPE and burns those tokens.
🎯 Short-term view
Bias: 🟢 Bullish, but don't chase the top.
Above $90: bullish continuation → $92–100
$84–90: volatile consolidation zone
$81–84: attractive retest area if it holds
Below $76: bullish structure becomes significantly weaker
#hype #Square #BinanceSquareTalks #Hyperliquid
$HYPE is very bullish but stretched right now. It is trading around $85–87, close to its recent/all-time high around $88.0–88.1.
📈 Key levels
Level Importance
$88–89 Major resistance / new ATH zone
$90 Psychological breakout level
$84–85 First support
$81–82 Stronger breakout-retest support
$76–77 Major support / 20-day EMA area
$HYPE recently broke into price discovery, with momentum supported by rising volume and the broader crypto rally. Technical data also shows the 20/50/100/200-day EMAs well below price, confirming the strong trend.
🟢 Bullish scenario
If HYPE breaks $88–90 with strong volume and holds above it, the next zones I'd watch are:
$92 → $95 → $100
A clean daily close above $90 would make the $100 psychological target much more realistic.
🔴 Pullback scenario
The biggest risk right now is chasing the move.
If HYPE loses $84, I would watch:
$82 → $80 → $76–77
A drop toward $76–77 would not automatically mean the bullish trend is broken; it could simply be a deeper retest.
⚠️ Very important today: token unlock
Around 9.92 million $HYPE are scheduled to unlock on September 6, worth roughly $863M at current prices. That's a significant potential source of selling pressure.
However, HYPE's fundamentals remain strong: Hyperliquid says 99% of protocol revenue is directed toward its Assistance Fund, which automatically buys HYPE and burns those tokens.
🎯 Short-term view
Bias: 🟢 Bullish, but don't chase the top.
Above $90: bullish continuation → $92–100
$84–90: volatile consolidation zone
$81–84: attractive retest area if it holds
Below $76: bullish structure becomes significantly weaker
#hype #Square #BinanceSquareTalks #Hyperliquid
