📉 HYPE — SHORT-TERM PULLBACK & SUPPORT TEST! 🔴
$HYPE (Hyperliquid) is trading lower at 88.457 (-1.71%, or roughly Rs24,490.21), moving within a 24-hour range between a high of 90.384 and a low of 86.096. Price action on this 4-hour chart reveals a corrective phase following the rejection near upper resistance, currently hovering tightly around the fast MA(7) (88.357) and MA(25) (88.068) lines, while tracking below the major structural MA(99) (90.680) base.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 85.000–87.500 (on confirmed stabilization or support defense near the lower demand base)
🛑 STOP LOSS: 83.800
🎯 TP1: 90.500
🎯 TP2: 93.500
Are you watching for a sustained bounce off these moving averages on Hyperliquid, or waiting for a clearer trend reversal? Let's discuss below! 👇
👉 Trade: $HYPE
#hype #Hyperliquid #cryptotrading #BinanceSquare #TechnicalAnalysis
$HYPE (Hyperliquid) is trading lower at 88.457 (-1.71%, or roughly Rs24,490.21), moving within a 24-hour range between a high of 90.384 and a low of 86.096. Price action on this 4-hour chart reveals a corrective phase following the rejection near upper resistance, currently hovering tightly around the fast MA(7) (88.357) and MA(25) (88.068) lines, while tracking below the major structural MA(99) (90.680) base.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 85.000–87.500 (on confirmed stabilization or support defense near the lower demand base)
🛑 STOP LOSS: 83.800
🎯 TP1: 90.500
🎯 TP2: 93.500
Are you watching for a sustained bounce off these moving averages on Hyperliquid, or waiting for a clearer trend reversal? Let's discuss below! 👇
👉 Trade: $HYPE
#hype #Hyperliquid #cryptotrading #BinanceSquare #TechnicalAnalysis
