📊 #Hyperliquid – What’s Really Going On?
HYPE is drawing attention again as the 1-day chart flashes potential early signs of a shift.
🔹 After a sharp correction and major long liquidations, the price is now consolidating around a key demand zone.
🔹 The RSI is approaching oversold levels, and the recent candle hints at slowing bearish momentum.
🔹 Meanwhile, funding rates have flipped slightly negative, showing rising short interest.
But is this a genuine sign of strength—or just a pause before another move down?
With volume declining and no strong confirmation candle yet, traders and watchers alike are keeping a close eye. It’s a moment of uncertainty, and how price behaves in the next few sessions will be crucial.
💬 Sign of a bounce… or a classic trap?
Share your thoughts below.