Hyperliquid (HYPE) remains a dominant force in the crypto market, representing 65% of daily perpetuals market volume and earning $15.58 million in fees over the past week. Despite reaching a 3-month high, indicators now suggest a potential slowdown in the rally. Technical signals like DMI and RSI indicate weakening momentum, with price action near a crucial support level. The Directional Movement Index (DMI) shows mixed signals, with ADX at 21.93, hinting at a possible trend formation. The RSI has dropped to 55.15, signaling a fading bullish momentum. The article discusses potential scenarios for HYPE's price movement, including resistance and support levels. It also highlights the importance of monitoring key levels for potential breakout or pullback. Readers are advised to conduct their own research and seek professional advice before making financial decisions. Read more AI-generated news on: https://app.chaingpt.org/news