Hyperliquid has fallen 31% from its $76.9 high to $52.9 and is now holding for a third day just above $51.4, its lowest price in fifty days.
The bigger uptrend is intact while price stays above its one-year average of $47, and at the $51-52 area two signals overlap: selling volume dried up noticeably at the recent low, and price fell further while the force behind the decline actually weakened.
If the $51.4 low gives way and price slides to $48.9, the basing attempt has failed — so the stop sits right there and the rebound case is abandoned.
The full analysis is for members
Analysis by methodology (ICT, Wyckoff, Elliott, divergence, macro, news), invalidation levels, R:R and confidence are in the member report.
