Hyperliquid Downtrend Pressure Continue To Intensify

Hyperliquid trades near $29.53, down 7.49% in the past 24 hours. Price broke below the critical $30.00 pivot, extending its multi‑week decline. Current action presses against the lower Bollinger Band. This shows stretched downside momentum with no meaningful recovery signals yet.

Support Levels: $29.53, $18.79, $10.30

Resistance Levels: $35.89, $43.82, $50.42

The Bollinger Bands show price pressing against the lower band, reflecting strong selling pressure. The RVI highlights a bearish crossover, signalling continued negative volatility. Structurally, the daily chart confirms breakdown continuation.
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The lower band touches often spark minor rebounds but the slope of the mid‑band suggests rallies will likely meet resistance near $36 unless momentum dramatically shifts. Volume remains subdued, with sellers dictating order flow. The broader structure reflects containment within a descending channel, reinforcing bearish sentiment.

On the 4 Hour Chart, Hyperliquid trades pinned under the mean line of the Bollinger envelope, sliding along its lower boundary.  Expanding Bollinger Bands confirm a volatility breakout to the downside. The RVI sits deep in bearish territory, showing traders continue to favor selling over accumulation. Short‑term oversold readings may prompt small relief bounces, but the broader momentum structure remains decisively bearish.

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