$HYPE

HYPEUSDT

Perp

30.61

-1.76%

🚀 HYPE (Hyperliquid) Market Update | 1H Timeframe

Hyperliquid (HYPE) is showing strong bullish momentum on the short-term chart.

🔹 Current Price: $30.53

🔹 24H Change: +6.28%

🔹 Recent High: $30.86

📊 Technical Analysis:

Price is trading above MA(7) & MA(30) → short-term trend is bullish

RSI (14): ~61.8 → healthy momentum, not overbought yet

MACD shows a bullish crossover with rising histogram → buyers in control

Strong bounce observed from $28.43 support, confirming demand zone

🔑 Key Levels:

Immediate Resistance: $30.80 – $31.00

Major Resistance: $32.00 (MA200 zone)

Strong Support: $29.30 – $28.40

📈 Outlook: If HYPE breaks and holds above $31.00, we may see a move toward $32+ in the near term. Volume and momentum favor bulls, but a minor pullback is possible before continuation.

⚠️ Note: Always manage risk and wait for confirmation.

🔥 HYPE is gaining traction keep it on your watchlist!

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