Hyperliquid hit an all-time high of $86.7 on Aug 27, then slid about 9% to $80.5, and has spent the past ten days boxed between $76.7 and $86.7.
Several reasons stack in the $78-79 pocket: the prices that caught the lows all week, the half-month average line, and the prior swing low.
The level that would prove this wrong is $76.7, the launch pad of August's rally; break it and the uptrend is finished, so the stop rests just beneath at $76.2.
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.