Hyperliquid Price Under Pressure, Facing Downside Risks
- Market Trend Analysis: Hyperliquid (HYPE) price has formed another macro lower high near key resistance, failing to reclaim critical volume levels, which raises the probability of a move toward $22 support, indicating ongoing downside pressure in the market.
- Seller Dominance: Despite intermittent relief rallies, Hyperliquid's price action has not shifted trend direction, with sellers firmly in control; the latest rejection at the $35 resistance area further confirms that the market remains in a corrective phase.
- Key Support Focus: The price has rotated back toward the Point of Control (POC), failing to reclaim this level on a closing basis, signaling weakening demand and suggesting a potential move toward the $22-$21 support zone, which could act as a capitulation area.
- Long-term Trend Risks: A failure to hold the $21 swing low could establish a new macro lower low, reinforcing the ongoing bearish trend and indicating a continued structural weakness in the market.
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Technical Analysis for HYPE
Technical Sentiment Analysis for Hyperliquid (HYPE). As of , Hyperliquid (HYPE) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for HYPE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, HYPE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Hyperliquid (HYPE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 20.748 | 23.187 | 25.689 | 28.128 | 30.63 | 33.069 | 35.571 |
| Fibonacci | 23.187 | 25.075 | 26.241 | 28.128 | 30.016 | 31.182 | 33.069 |
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