BULLISH

HYPE BULLISH · 4h

ENTRY55.9~56.2TARGET58.4STOP55
HYPE chart

In 3 lines

  • Hyperliquid has rebounded from a $51 floor up to $57 and is now gathering strength just beneath a wall of resistance in the $58 area.
  • Around $56, four moving averages from different periods bunch together — the same level where four consecutive higher lows and signs of exhausted selling meet.
  • If $55.3 — the level supporting this whole advance — gives way, the pattern of rising lows breaks, which is why the stop sits just below it at $55.

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