Hyperliquid narxiHYPE

$HYPE is currently trading at $36.67, showing bearish pressure !! ------------- Trade Setup: 👉 Entry: $35 – $38 ⚠ Stop Loss: $32 🎯 Target 1: $36.99 🎯 Target 2: $37.35 🎯 Target 3: $37.75 -------------- 🚨 This is NOT financial advice ‼ DYOR before trading.

The token is posting steady gains today, and its technical setup suggests the rally may have more room to run. A key harmonic pattern forming on HYPE’s chart is pointing toward a potential upside continuation in the short term. Bearish Gartley Pattern in Play ? On the 4-hour chart, $HYPE appears to be forming a Bearish Gartley harmonic pattern, a structure often associated with potential reversal zones. Interestingly, while the pattern’s name implies a “bearish” setup, the completion of its final leg (point D) can actually trigger a short-term bullish reaction before any deeper correction takes place. The pattern started near Point X ($51.44), followed by a sharp decline to Point A, a rebound toward Point B, and then a corrective move lower to Point C ($33.28). After touching that low, HYPE began to show signs of recovery, now consolidating around $36.44 as traders await the next decisive move. Adding to the confluence, HYPE’s 50-hour moving average (MA) — currently hovering near $38.13 — is acting as a key resistance level. A confirmed breakout and sustained hold above this MA could validate a shift in market structure, potentially turning it into a solid support zone for the next leg up. What’s Next for HYPE ? For the bullish scenario to remain valid, HYPE needs to maintain support along the CD leg while gradually reclaiming levels above the 50-hour MA. If this move plays out, the harmonic structure projects a possible advance toward the Potential Reversal Zone (PRZ), located between $46.68 and $51.44, aligning with the 0.786 to 1.0 Fibonacci retracement levels. This range represents an estimated 40% potential upside from current prices, indicating that HYPE could be gearing up for a meaningful rebound — especially if broader market sentiment continues to stabilize. However, traders should remain cautious. A breakdown below $33.28 would invalidate the pattern, signaling that further consolidation or downside pressure could follow before any sustained move higher.

MLM: Uncovered a suspicious address cluster holding over 4.36 million HYPE, funds originating from TornadoCash

MLM: Identified a suspicious address cluster holding over 4.36 million HYPE, with funds originating from TornadoCash