Key Insights
Hyperliquid (HYPE) token broke below a major support zone identified by analyst Ali.
The breakdown suggests increased downside momentum in the short term.
The next technical target highlighted is the $24 level.
Hyperliquid’s HYPE token has breached a critical support level around $30, sliding 8.9% in the past 24 hours to $28.35 as of December 7, 2025.
Analysts are now watching $24 as the next potential floor amid a broader market cooldown that saw trading volume drop 22% to $246.65 million.
Crypto analyst Ali Martinez highlighted the downside in a December 7 X post, sharing a 1-hour chart showing HYPE’s break below the descending triangle base near $30, opening the path to $24 if momentum holds.
Launched in late 2024 as Hyperliquid’s native token, HYPE has surged 641.8% from its $3.81 all-time low but faces its first major test since the September 18 peak of $59.30, with circulating supply at 270 million tokens and market cap at $7.67 billion per Coin
We współpracy z: https://www.thecoinrepublic.com/2025/12/07/hyperliquid-hype-under-pressure-after-support-breach-24-in-sight/
