🚨 $HYPE is looking to bounce from the lows at $88.52: Does a recovery start here or is it just a simple technical bounce?
Hyperliquid (HYPE) is trading right now at $89.67 (-3.89%). On the 15m timeframe, price tried to slow the decline after hitting a local low at $88.52, showing a slight recovery candle after collapsing from the recent high of $93.91. The order book still leans slightly sell-side, with 52.74% of supply versus 47.26% of demand.
Technical scenario to monitor:
🎯 Resistance zone: $90.62 - $91.81 (You need to break and hold above $90.62 to confirm strength in the bounce and try to invalidate the bearish structure).
📉 Pullback support: $88.52 - $88.25 (Critical re-accumulation area; losing support at $88.52 would restart selling pressure toward new lows).
⚠️ Risk management: Volatility on this short timeframe is high. If you’re looking to go short (Short), watch how price behaves near $90.62; if you prefer buys (Long), set a stop loss adjusted to below the $88.52 low.
👇 Check and trade $HYPE in real time here below:
Hyperliquid (HYPE) is trading right now at $89.67 (-3.89%). On the 15m timeframe, price tried to slow the decline after hitting a local low at $88.52, showing a slight recovery candle after collapsing from the recent high of $93.91. The order book still leans slightly sell-side, with 52.74% of supply versus 47.26% of demand.
Technical scenario to monitor:
🎯 Resistance zone: $90.62 - $91.81 (You need to break and hold above $90.62 to confirm strength in the bounce and try to invalidate the bearish structure).
📉 Pullback support: $88.52 - $88.25 (Critical re-accumulation area; losing support at $88.52 would restart selling pressure toward new lows).
⚠️ Risk management: Volatility on this short timeframe is high. If you’re looking to go short (Short), watch how price behaves near $90.62; if you prefer buys (Long), set a stop loss adjusted to below the $88.52 low.
👇 Check and trade $HYPE in real time here below:
