What’s a good trade for hyperliquid

Screening Filters

1. Market Cap: 200M – 10B

   • Purpose: Focus on mid- to upper-mid-cap cryptocurrencies.
   • Rationale:
     • Very small projects can be extremely volatile and illiquid, making it harder to plan a “good trade” with defined entry/exit, slippage control, and risk management.
     • Very large caps (e.g., BTC, ETH) tend to move more slowly, which can limit swing-trade potential.
     • This range aims at projects big enough to be established and liquid, but still volatile enough to offer meaningful swing opportunities—suitable context for suggesting a trade setup similar to what you’re asking for in Hyperliquid.

2. 24h Turnover (Volume): ≥ 20M

   • Purpose: Ensure high liquidity and active trading.
   • Rationale:
     • A “good trade” requires that you can get in and out near your planned entry and exit, without large price impact.
     • A minimum daily turnover of $20M filters out thinly traded coins where spreads are wide and orders can move the market, which is especially important for short‑term trades like swing trades.
     • This aligns with your goal of actionable trading levels on a coin like Hyperliquid rather than purely theoretical ideas.

3. Technical Indicator: RSI(14) between 40 and 65

   • Purpose: Look for cryptos in a healthy trend that are not extremely overbought or oversold.
   • Rationale:
     • RSI < 30 usually signals oversold; > 70 often signals overbought. Both can mean higher risk of a reversal right after you enter.
     • RSI 40–65 suggests:
       • The asset is not in a severe downtrend (RSI persistently < 40)
       • It’s not at an exhaustion level of a rally (RSI > 70)
     • For swing trades, this “middle zone” often offers better risk/reward: you can participate in an ongoing trend without chasing extreme strength or “catching a falling knife.”

4. One-week Rise Probability: ≥ 60%

   • Purpose: Tilt the selection toward tokens with a statistically higher historical or model-based probability of rising in the next week.
   • Rationale:
     • You’re asking for a “good trade,” which implicitly means a higher chance of short-term upside.
     • This filter doesn’t guarantee gains, but it biases the screener toward coins where data suggests at least a modest edge for positive 1‑week performance.
     • For a Hyperliquid trade idea, this is equivalent to saying: “Among all possible candidates, show me the ones that historically tend to move up more often than down over the next week.”

5. Is Trending: True

   • Purpose: Focus on cryptocurrencies currently attracting attention and momentum.
   • Rationale:
     • Trending assets (social/media interest, on-chain activity, or price momentum) are more likely to have strong, tradeable moves—key for swing trades.
     • They also tend to respect technical levels better because many participants are watching the same charts and liquidity is deeper at key prices.
     • Since you’re asking specifically about a trade, not a long-term investment, this filter helps align results with short-term opportunities similar in nature to what you might look for with Hyperliquid.

Why Results Match Your Query

• The filters collectively aim at liquid, actively traded, mid-cap cryptos that are not at extremes (neither overheated nor collapsing), which is the kind of backdrop you want when defining concrete entry and exit levels.
• The RSI range and one-week rise probability focus on setups with an ongoing but not exhausted trend, which fits the idea of a swing trade (capturing a portion of a move rather than trying to pick exact tops or bottoms).
• The trending = True and volume filters ensure there is enough momentum and liquidity so that any proposed trade on a coin like Hyperliquid would be realistically executable, with less slippage and clearer technical levels.

In short, each filter is designed to tilt the search toward cryptocurrencies that are practically tradable, technically reasonable for a swing setup, and statistically biased—though never guaranteed—toward short-term upside.