Oh, look who’s back! Hyperliquid (HYPE) has bounced back… just enough to make us all think, “Maybe this time it’s different!” 🤡 But let’s be real, it’s just a tiny 2% gain in 24 hours. Who needs stability when you can have suspense? 🎭
Meanwhile, the market is playing a game of “Will it or won’t it?” as HYPE tests the $36 level. Because nothing says “excitement” like a head-and-shoulders pattern that’s more dramatic than your ex’s Instagram captions. 🤯
Retesting Breakdown Zone After Bearish Pattern
HYPE is currently testing the $36 level, which, according to the charts, is the “neckline” of a bearish pattern. Because nothing says “I’m a genius” like predicting a crash and then pretending you’re surprised when it happens. 🙃
Analyst Ali Martinez says, “HYPE is retesting the breakdown zone before a potential move toward $25.” Oh, sure, because nothing says “trust me” like a 4% gain in 7 days. 🤝
At the same time, HYPE has bounced from the lower Bollinger Band near $30 and is moving toward the 20-day moving average at $37. Because nothing says “I’m a financial wizard” like a 20-day moving average. 🧙♂️

The MACD shows early signs of momentum turning. The MACD line has moved slightly above the signal line, and the histogram is shifting positive. Because nothing says “I’m a professional” like a histogram that’s still technically “positive.” 📈
Bullish Scenario: A Recovery Path to $50?
Analyst Make Sense shared a more optimistic view, noting that HYPE has shown early strength after a long period of weakness. Because nothing says “I’m a genius” like calling a 4% gain “early strength.” 🤯
According to their breakdown, reclaiming the $37-$38 area could trigger further upside. The next target zone sits at $41-$42, followed by a momentum shift around $44. Because nothing says “I’m a visionary” like predicting a $44 target. 🧙♀️
Price action near the $36-$38 zone remains key. A strong move above could support further recovery, while a rejection may keep $25 in focus. Because nothing says “I’m a financial expert” like saying “keep $25 in focus.” 🎯
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2025-11-29 01:47