HYPE (Hyperliquid) has been sprinting up the charts ā with recent moves primed for a potential continuation. Letās unpack the momentum driver, support zones, and what traders like us are watching next.
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š Whatās Fueling the HYPE?
Monster onāchain volumes: In May, Hyperliquidās perpetual futures DEX topped the onāchain charts ā processing over $250āÆbillion in volume, with 80% of all onāchain perp trades on Hypercore alone .
Strong pump action: Over the past month, HYPE surged by around 80ā85%, from ~$20 to a new ATH near $46 in mid-June . Week-over-week gains hit **+67%** .
High-profile exchange adoption: Binance launched HYPE/USDT futures with up to 75Ć leverage ā a bold move, even though price took a short-term dip right after .
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šÆ Key Levels & Indicators to Watch
Zone Significance
Support ~$38ā$40 ā recovery base after recent dip
Immediate Resistance ~$45.5ā$46 ā the prior ATH zone
Upside Potential ~$47ā$50 ā bullish zone if resistance breaks
Stretch Forecasts ~$80 over next few months, and $125ā$185 by 2030 if momentum holds
Invalidation Risk Drop below ~$38 could signal a pullback toward $35ā$32
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š Possible Scenarios
1. šÆ Bullish Continuation
A decisive break above $46 with rising daily volume could propel HYPE toward $50, and possibly the midāterm zones of $60ā$80.
2. š Consolidation Mode
HYPE may chop sideways between $40ā$46, forming a healthy base before another leg up. Great for swing traders.
3. ā ļø Correction Incoming
If BTC or broader markets weaken, HYPE could dip back to $35ā$38, offering a better entry point.
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š” Trading Tips for the #BinanceFam
Volume is your buddy ā confirm any breakout above $46 with solid volume support.
Watch price structure ā bullish candle closes above resistance + no reversal wicks = good sign.
Manage risk smartly:
Long entry: $43ā$44 zone
Stop-loss: Just below $40
Targets: First at $50, stretch toward $60+
Stay informed: follow real-time on-chain metrics and DEX volume updates for a lead.
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š Wider Market Context
HYPE has ridden a wave of whale accumulation, decentralized perpetual volume dominance, and strategic exchange listings .
Hybrid strength: +12% weekly gains, +67% monthly ā outpacing ETH, SOL, DOGE .
Long-term outlook is jaw-dropping: from coināprice projections hitting $130+ by 2028 and $185 by 2030, ā if fundamentals and adoption ramp up .
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ā TL;DR
HYPE is riding a historic pump, fueled by record-breaking perp volume and solid on-chain demand.
Support: ~$40 | Resistance: ~$46 ā a breakout above could ignite the next rally toward $50+.
Keep an eye on volume, candle structures, and broader market flows for entry pulses.
Targets: $50 ā $60+ short/medium term ā stretch goals $80ā$185 if momentum stays strong.
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Are you riding the HYPE wave or waiting for confirmation near support? Drop a š if youāre long, or š¤ if you're watching for the next move. Letās talk tactics! š
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This post follows Binance Square guidelinesāstrong chart insights, transparent analysis, and no wild promises. Always DYOR & trade responsibly!
#HYPE #Hyperliquid #CryptoAnalysis #BinanceSquare #MomentumPlay