$HYPE is showing some interesting price action on the 15M chart.
Price is around $92.30 after getting rejected from the $93.50–$93.90 area. The sharp drop came with a clear volume spike, showing strong activity around the move.
Right now, $92.04 is the key short-term support visible on the chart. If that area holds, a recovery back toward $92.77–$93.18 could be worth watching.
The moving averages are still sitting above price, so confirmation matters here. I’d rather watch how HYPE reacts around support than chase the move.
Volume + support reaction should tell the next part of the story. 👀
#HYPE #Hyperliquid #Crypto
Price is around $92.30 after getting rejected from the $93.50–$93.90 area. The sharp drop came with a clear volume spike, showing strong activity around the move.
Right now, $92.04 is the key short-term support visible on the chart. If that area holds, a recovery back toward $92.77–$93.18 could be worth watching.
The moving averages are still sitting above price, so confirmation matters here. I’d rather watch how HYPE reacts around support than chase the move.
Volume + support reaction should tell the next part of the story. 👀
#HYPE #Hyperliquid #Crypto
