Based

Read

Daily

would

Key Insights:
<ul>
 <li>Bear flag pattern confirmed as $HYPE breaks support, setting sights on the $19 target zone.</li>
 <li>Daily chart shows persistent downtrend with lower highs; $22 level now critical to hold.</li>
 <li>Trading volume remains steady, but structure stays weak unless price reclaims above $28.21.</li>
</ul>
<figure class="wp-block-image aligncenter size-full">
 <figcaption>
 HYPE Breakout Alert: Is $19 the Next Stop?
 </figcaption>
</figure>
<a href="https://coincu.com/analysis/hype-crashes-key-support/" rel="noopener noreferrer nofollow">HYPE</a> has moved below key levels on the 12-hour chart, forming a classic bear flag structure. After a sharp decline, the price moved in a rising channel, which has now broken down. This setup often appears during trend continuation phases in markets under selling pressure.
The move below $25.04 marks a clear exit from the channel. Based on the height of the initial drop, the next price level being watched is near $19.43. This supports the view shared by AliMartinez, who <a href="https://x.com/alicharts/status/2009814702289818014?s=20" rel="noopener noreferrer nofollow">stated</a>:&nbsp;
<blockquote class="wp-block-quote">
 “Hyperliquid $HYPE is breaking out of a flag, targeting $19.”
</blockquote>
<figure class="wp-block-image aligncenter size-full">
 <img src="https://coincu.com/wp-content/uploads/2026/01/image-142.png" alt="Source: Ali Martinez/X">
 <figcaption>
 Source: Ali Martinez/X
 </figcaption>
</figure>
Price zones around $24.64 and $22.19 could serve as temporary support. If those levels fail to hold, sellers may continue pushing the price lower. On any bounce, resistance may appear at $26.75 and $28.34.
<h2 class="wp-block-heading" id="strong-daily-chart-keeps-trend-intact-strong">Daily Chart Keeps Trend Intact</h2>
On the daily timeframe, HYPE remains in a downward channel. The structure is defined by lower highs and lower lows since early September. The current price, around $25.40, sits near the lower boundary of this range.
According to the Master of Crypto: “The structure hasn’t changed yet.” They also mentioned that the price has bounced from this area before. If that happens again, $28.21 could act as the first upside level. If momentum increases, a move toward $36.33 may be possible.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
 https://twitter.com/MasterCryptoHq/status/2009605025119805454?s=20
 </div>
</figure>
If the current support breaks, the next level being watched is $22.00. Below this, the path toward $20 becomes more likely. Price reaction in this zone will be key in deciding short-term direction.
<h2 class="wp-block-heading" id="strong-price-action-and-volume-data-strong">Price Action and Volume Data</h2>
At the time of writing, HYPE <a href="https://coincu.com/top-crypto-coins/hype-price-update" rel="noopener noreferrer nofollow">trades</a> at $24.37. That’s a 6.1% drop in the last 24 hours and a 0.8% decline over the past week. Daily trading volume is just over $207 million, showing steady market activity.
The drop to current levels puts HYPE near a critical area. While short-term buyers may step in near $22–25, the broader trend is still pointing downward. Volume and price action near the lower edge of the channel will help determine what comes next.
<h2 class="wp-block-heading" id="strong-levels-in-focus-for-traders-strong">Levels in Focus for Traders</h2>
Support is now being watched at $24.64 and $22.19. If these levels are lost, the focus will likely shift toward $19.43. On the upside, any recovery would need to clear $28.21 to change the current trend.
Until then, sellers continue to have control. How price behaves around $22 will likely decide whether the move toward $19 gains momentum.
DISCLAIMER:&nbsp;The information on<a href="https://coincu.com/" rel="noopener noreferrer nofollow">&nbsp;this website</a>&nbsp;is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. <a href="https://coincu.com/?p=387971" rel="noopener noreferrer nofollow">Read original article on coincu.com</a>

HYPE Breakout Alert: Is $19 the Next Stop?

Table of Contents

Coincu

Other articles published on Jan 10, 2026

Join our free newsletter for daily crypto updates!