Hyperliquid (HYPE) is approaching one of its most important technical support levels after pulling back from recent highs above $75. The token is now trading near its 100-day moving average around $57, a zone where buyers are beginning to step back into the market. If this support remains intact, HYPE could be positioned for a rebound toward the $70 level. Despite the recent decline erasing a large portion of Julys gains, the broader uptrend remains intact. HYPE continues to trade well above its rising 200-day moving average near $50, reinforcing the long-term bullish structure. The 100-day… Read more
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