$HYPE Hyperliquid (HYPE) has gained 18.22%, supported by increased decentralized derivatives activity. Open Interest surged 34%, while the supplied technical data shows a strong V-shaped recovery and an hourly resistance breakout. RSI at 68 indicates strong momentum, although rising speculative positioning increases the possibility of sharp volatility.
📈 Bias: Bullish Momentum | 🎯 Entry: $1.08–$1.12 | 🛡 Support: $1.02 / $0.95 | 🚧 Resistance: $1.22 / $1.35 | 🎯 Targets: $1.20 / $1.28 / $1.38 | ❌ Invalidation: Close below $0.99
Strategy: Watch for breakout confirmation or a controlled pullback into the entry zone. Monitor Open Interest for excessive speculative positioning.
#HYPE #Hyperliquid #DeFi #CryptoTrading #BinanceSquare
📈 Bias: Bullish Momentum | 🎯 Entry: $1.08–$1.12 | 🛡 Support: $1.02 / $0.95 | 🚧 Resistance: $1.22 / $1.35 | 🎯 Targets: $1.20 / $1.28 / $1.38 | ❌ Invalidation: Close below $0.99
Strategy: Watch for breakout confirmation or a controlled pullback into the entry zone. Monitor Open Interest for excessive speculative positioning.
#HYPE #Hyperliquid #DeFi #CryptoTrading #BinanceSquare
