Hyperliquid printed an all-time high near 86.7 dollars in late August, slid to 78.5, and has now recovered back to the 83-dollar area.
Several pieces of evidence stack up around 80-81 dollars: recent average-price lines and the swing low from a few days ago meet there, and even through the decline the lows kept rising from 76.7 to 78.5 to 79.
If 79 dollars gives way, that staircase of rising lows breaks for the first time, which is why the stop is placed just beneath it at 78.9 dollars.
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.