$HYPE /USDT Market Update 📈
Hyperliquid is the leading DEX token of the moment. While the broader market is cooling, $HYPE is showing independent strength, supported by massive institutional treasury buys and the launch of HIP-4 (Outcome Trading).
🔎 Market Structure
Current Price: 30.60
Trend: Bullish Falling Wedge Breakout
Momentum: High (Surpassing Coinbase in volume)
📍 Key Levels
Support Zone: 28.50 – 29.50
Resistance Zone: 34.00 – 38.00
🎯 TP1: 36.00
🎯 TP2: 40.00
❌ SL: Below 27.00
The technical setup on the 4H chart shows price compressing at the apex of a wedge. A decisive breakout above $31.50 confirms the move toward the $36–$40 range. Institutional accumulation near the $29 level provides a solid safety net for bulls.
Trade smart & manage risk ⚠️#hype #CZAMAonBinanceSquare