TL;DR
HYPE finds immediate support at $44–45, while $50 remains the first key resistance level.
Analysts point to $38–40 as major support, with deeper levels around $30, $28, and $23.
Open interest holds strong at $2.17B, showing heavy trader activity despite recent price correction.
Price Pullback and Key Levels
Hyperliquid (HYPE) has fallen more than 26% in the past week, dropping from recent highs near $59 to around $42 at press time. Trading volume over the last 24 hours is around $907 million, with a daily decline of 4%.
On shorter timeframes, the previous range POC $44–$45 is serving as immediate support. Resistance at $50 corresponds to the last breakdown. A slightly stronger wall forms around $52–$53, aligned with weekly and Monday opens. A failure of the $44–$45 line could rally interest towards the lower levels.
Analysts Note Support and Market Imbalance
Crypto Bully said HYPE retraced more than expected but is still holding above the range POC.
$HYPE
– Retrace
We współpracy z: https://cryptopotato.com/after-26-weekly-drop-can-hype-bounce-back-to-50/
