HYPE (Hyperliquid) - High Momentum Pullback Long Strategy

Token Overview:

Current Price: $34.56 (24-hour Increase +23.13%) Market Cap: $8.06B (Rank #24)

Technical Analysis:

4-hour RSI: 90.8 (Extremely Overbought, Needs Pullback) 1-hour RSI: 77.34 (Still in Overbought Zone) Bollinger Upper Band Resistance: $35.73 Key Support: $30.86 (SMA20) TAAPI

Entry Price $31.00 Retracement to SMA20 Support Level, Easy to Execute Take Profit Price $35.00 Close to Bollinger Upper Band Resistance Stop Loss Price $30.50 Slightly Below Key Support Liquidation Price

Risk Warning: HYPE is in an Extreme Overbought State, 24-hour Liquidation Volume $25.94 Million with 94% Short Coinglass, Strict Stop Loss Required Under High Volatility. $HYPE

HYPE
HYPEUSDT
33.44
-1.04%