Hyperliquid is drawing attention after a strong pullback.
💰 Price: ~$87
📉 24H: around -4.5%
📊 RSI: close to 34 → selling pressure
⚠️ Technical indicators continue to show weakness.
👀 AREAS TO WATCH
🟢 $86.4–$86.8: immediate support.
🔥 $87.5–$88.2: a zone buyers need to reclaim.
🚀 Above $88.2: a recovery toward higher zones could begin.
🔴 If it loses $86.4: the risk of another bearish extension would increase.
Additionally, HYPE recently had a release of approximately 3.75 million tokens, equivalent to about 1.69% of the circulating supply.
🐂 BULLISH SCENARIO: defend the support + recover $88 with volume.
🐻 BEARISH SCENARIO: loss of $86.4 and continuation of selling pressure.
⚠️ There is no bounce confirmation yet. The RSI is near oversold, but that alone does not guarantee a recovery.
🔥 $HYPE IS IN A ZONE WHERE IT CAN DEFINE ITS NEXT MOVE.
📈 BOUNCE?
📉 OR A NEW DROP?
💬 What scenario do you see for $HYPE? 👇
#HYPE #Hyperliquid #Crypto #Altcoins #Trading
💰 Price: ~$87
📉 24H: around -4.5%
📊 RSI: close to 34 → selling pressure
⚠️ Technical indicators continue to show weakness.
👀 AREAS TO WATCH
🟢 $86.4–$86.8: immediate support.
🔥 $87.5–$88.2: a zone buyers need to reclaim.
🚀 Above $88.2: a recovery toward higher zones could begin.
🔴 If it loses $86.4: the risk of another bearish extension would increase.
Additionally, HYPE recently had a release of approximately 3.75 million tokens, equivalent to about 1.69% of the circulating supply.
🐂 BULLISH SCENARIO: defend the support + recover $88 with volume.
🐻 BEARISH SCENARIO: loss of $86.4 and continuation of selling pressure.
⚠️ There is no bounce confirmation yet. The RSI is near oversold, but that alone does not guarantee a recovery.
🔥 $HYPE IS IN A ZONE WHERE IT CAN DEFINE ITS NEXT MOVE.
📈 BOUNCE?
📉 OR A NEW DROP?
💬 What scenario do you see for $HYPE? 👇
#HYPE #Hyperliquid #Crypto #Altcoins #Trading