$HYPE
🚀 HYPE (Hyperliquid) Market Update | 1H Timeframe
Hyperliquid (HYPE) is showing strong bullish momentum on the short-term chart.
🔹 Current Price: $30.53
🔹 24H Change: +6.28%
🔹 Recent High: $30.86
📊 Technical Analysis:
Price is trading above MA(7) & MA(30) → short-term trend is bullish
RSI (14): ~61.8 → healthy momentum, not overbought yet
MACD shows a bullish crossover with rising histogram → buyers in control
Strong bounce observed from $28.43 support, confirming demand zone
🔑 Key Levels:
Immediate Resistance: $30.80 – $31.00
Major Resistance: $32.00 (MA200 zone)
Strong Support: $29.30 – $28.40
📈 Outlook: If HYPE breaks and holds above $31.00, we may see a move toward $32+ in the near term. Volume and momentum favor bulls, but a minor pullback is possible before continuation.
⚠️ Note: Always manage risk and wait for confirmation.
🔥 HYPE is gaining traction keep it on your watchlist!
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