$HYPE price is currently consolidating at $43.57 after rebounding from its August low, facing a key resistance at $44.40, which aligns with a Fibonacci level and a supply zone. Breaking this barrier could push the price toward $46.81, while a rejection may lead to a retest of support at $42.72 or lower.


The market shows weak directional momentum, with the DMI indicating a potential range-bound environment. Recent outflows suggest some profit-taking, and lower-timeframe indicators like the RSI and MACD reflect neutral to slightly bearish sentiment.


A daily close above $44.40 would confirm bullish momentum, targeting $46.81 and possibly $49.88. However, a drop below $42.72 could shift focus to $41.03–$40.75, with a break under $38.48 turning the structure bearish.


Overall, the bias is cautiously bullish, but sustained upside will require strong volume to overcome resistance. Invalidation for bulls is a close below $42.72.

#HyperLiquid #Ripple

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August 10, 2025 at 11:45 AM
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