#hype can bear market rally?
Hyperliquid is trading below 86$ on Tuesday, extending its pullback from last week's high by $98.03. $HYPE shows a bearish bias in the short term, as the pair falls below the 50- and 100-period Exponential Moving Averages (EMA) on the four-hour chart, located at 90.77$ and 88.81$, respectively, while remaining modestly above the 200-period EMA at 84.40$, which acts as support for the underlying trend.
Hyperliquid is trading below 86$ on Tuesday, extending its pullback from last week's high by $98.03. $HYPE shows a bearish bias in the short term, as the pair falls below the 50- and 100-period Exponential Moving Averages (EMA) on the four-hour chart, located at 90.77$ and 88.81$, respectively, while remaining modestly above the 200-period EMA at 84.40$, which acts as support for the underlying trend.