๐๐ฌ๐ฃ๐ ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ ๐๐ป๐ฎ๐น๐๐๐ถ๐: ๐๐ ๐ฎ ๐๐ฟ๐ฒ๐ฎ๐ธ๐ผ๐๐ ๐๐ผ $๐ฎ๐ด ๐ก๐ฒ๐ ๐? ๐
โก๏ธ Hyperliquidโs native token HYPE is heating up again, currently trading at $26.70 โ up 8.30% in the past 24 hours and 9.46% this week.
โ Recently broke above the key $26.50 resistance, signaling a bullish continuation pattern.
โ Immediate resistance at $27.20, with the next target eyed near $28.00.
โ Key support to watch sits at $24.50.
๐ข๐ฝ๐ฒ๐ป ๐๐ป๐๐ฒ๐ฟ๐ฒ๐๐ & ๐๐ฒ๐๐ฒ๐ฟ๐ฎ๐ด๐ฒ ๐๐น๐ผ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐น ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ ๐๐๐ฝ๐ฒ
โ Open Interest surged to $906.76M, reflecting strong inflow of fresh capital and growing trader confidence.
โ Rising OI alongside higher prices & volumes often hints at sustainable bullish trends rather than fake pumps.
โ However, funding rates are slightly overheated, signaling potential for short-term corrections if sentiment cools.
๐ฉ๐ผ๐น๐๐บ๐ฒ & ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ฎ๐ฝ ๐ฅ๐ฒ๐ถ๐ป๐ณ๐ผ๐ฟ๐ฐ๐ฒ ๐๐๐น๐น๐โ ๐๐ผ๐ป๐๐ฟ๐ผ๐น
โ Market cap jumped to $8.92B (+8.59%), reflecting broader market optimism.
โ 24h trading volume up 27.06%, confirming strong trader excitement and volatility.
๐๐ฎ๐๐๐ถ๐ผ๐ป ๐๐น๐ฎ๐ด๐ ๐ฉ
โ HYPE is in a short-term selling zone on lower timeframes, so traders are advised to manage risk carefully.
โ Watch $27.20 closely as a make-or-break resistance; failure to flip it could trigger pullbacks toward $25.00-$24.50 zone.
๐ง๐ฒ๐ฐ๐ต ๐ฆ๐ป๐ฎ๐ฝ๐๐ต๐ผ๐
โ Trend: Bullish continuation
โ Key Resistance: $27.20 โก๏ธ $28.00
โ Key Support: $25.00 โก๏ธ $24.50
โ Funding Rate: Slightly overheated, needs monitoring