Hyperliquid (HYPE) is approaching a technically sensitive phase as bullish momentum begins to weaken and directional conviction fades. After staging a strong recovery from below the $30 level, the asset recently climbed into the low-$40 range. However, current price action suggests that the rally is losing steam rather than accelerating further, raising concerns among traders watching the crypto market closely. On the daily chart, HYPE still maintains a short-term uptrend, supported by a rising trendline and its position above key moving averages. Despite this, the price structure is… Read more
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