HYPERLIQUID $HYPE RETESTING MAJOR LOWER BAND SUPPORT READY FOR A REBOUND TO $92.288?

Pair: $HYPE /USDT

Direction: LONG

Entry Price: 86.731

Target Levels (Take Profit)

TP 1: 88.815 +2.40%
TP 2: 90.204 +4.00%
TP 3: 92.288 +6.41%

Stop Loss

SL: 83.952

Technical Breakdown

Price Action & Support: HYPE ($86.763) has completed a controlled pull-back, piercing the lower Bollinger Band boundary (BB 20) around $86.731. This zone aligns with previous demand consolidation, presenting a high-probability reversal floor.

Moving Averages: Price action has temporarily dipped below the MA 7, MA 25, and long-term MA 99 lines. Reclaiming dynamic MA 99 support near $88.00 will confirm the bullish reversal and initiate the next leg upward.

Indicators: RSI (14) has reset sharply down toward oversold levels near 40.00, purging previous overbought pressure and providing ample runway for a rally. The MACD histogram sell volume is nearing peak expansion, signaling seller exhaustion at current low bounds.

$HYPE