$HYPE Hyperliquid is trading at $73.51, down 5.03%, but its longer-term structure remains relatively strong. The $70 support zone is attracting attention following the market-wide liquidation pressure. The newly unveiled Elysium Layer 2 framework adds an important ecosystem development. However, HYPE remains vulnerable to further downside if Bitcoin loses its $73,000 structural area.
📈 Bias: Neutral to Bullish | 🎯 Entry: $70.50–$71.80 | 🛡 Support: $70.00, $67.50 | 🚧 Resistance: $78.50, $85.00, $87.87 | 🎯 Targets: $76.00, $82.50, $87.50 | ❌ Invalidation: $66.00
Strategy: Monitor the $70.50–$71.80 retest corridor for a confirmed higher-low formation before considering continuation.
#HYPE #Hyperliquid #CryptoTrading #Altcoins #BinanceSquare
📈 Bias: Neutral to Bullish | 🎯 Entry: $70.50–$71.80 | 🛡 Support: $70.00, $67.50 | 🚧 Resistance: $78.50, $85.00, $87.87 | 🎯 Targets: $76.00, $82.50, $87.50 | ❌ Invalidation: $66.00
Strategy: Monitor the $70.50–$71.80 retest corridor for a confirmed higher-low formation before considering continuation.
#HYPE #Hyperliquid #CryptoTrading #Altcoins #BinanceSquare
