Hyperliquid printed a record high of 86.7 dollars on 27 August, pulled back about 5 percent, and has spent four days resting in a narrow band between 80 and 85 dollars.
Its floor keeps rising — 78.5, then 79.0, then 80.2 dollars — and the low-80s is where the 12-hour average price line, the base of that four-day range and the most recent low all overlap at once.
So a daily close below 80.2 dollars would break that rising-floor pattern for the first time, which is exactly why the stop sits just underneath it at 78.8 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.