$HYPE /USDT Market Update ๐
Hyperliquid is the leading DEX token of the moment. While the broader market is cooling, $HYPE is showing independent strength, supported by massive institutional treasury buys and the launch of HIP-4 (Outcome Trading).
๐ Market Structure
Current Price: 30.60
Trend: Bullish Falling Wedge Breakout
Momentum: High (Surpassing Coinbase in volume)
๐ Key Levels
Support Zone: 28.50 โ 29.50
Resistance Zone: 34.00 โ 38.00
๐ฏ TP1: 36.00
๐ฏ TP2: 40.00
โ SL: Below 27.00
The technical setup on the 4H chart shows price compressing at the apex of a wedge. A decisive breakout above $31.50 confirms the move toward the $36โ$40 range. Institutional accumulation near the $29 level provides a solid safety net for bulls.
Trade smart & manage risk โ ๏ธ#hype #CZAMAonBinanceSquare


