🚨 $HYPE Are new highs approaching… Is entering the US market getting closer?
HYPE jumped by about 49% from 57 to nearly $85, amid reports of advanced talks to launch perpetual contracts tied to the Hyperliquid ecosystem for US traders via a path overseen by the CFTC. However, the deal has not been officially confirmed and still requires regulatory approvals. Report details
Technically, the weekly chart is still bullish:
Price: $84.81
24-hour high: $85.35
Trading volume: $900 million
Key resistance: $86.77
A break above $86.77 could pave the way toward $90, but the weekly RSI has entered the overbought zone, making chasing the price at these levels high-risk.
Are we going to see a fresh HYPE rally, or will we see profit-taking after the news is priced in?
#HYPE #Hyperliquid #CryptoNews
HYPE jumped by about 49% from 57 to nearly $85, amid reports of advanced talks to launch perpetual contracts tied to the Hyperliquid ecosystem for US traders via a path overseen by the CFTC. However, the deal has not been officially confirmed and still requires regulatory approvals. Report details
Technically, the weekly chart is still bullish:
Price: $84.81
24-hour high: $85.35
Trading volume: $900 million
Key resistance: $86.77
A break above $86.77 could pave the way toward $90, but the weekly RSI has entered the overbought zone, making chasing the price at these levels high-risk.
Are we going to see a fresh HYPE rally, or will we see profit-taking after the news is priced in?
#HYPE #Hyperliquid #CryptoNews
