Hyperliquid (HYPE/USDT) Support Holds as Buyers Attempt Rebound

Hyperliquid Price Analysis – November 24

Hyperliquid trades at $31.90, showing a slight +0.10% uptick after dipping toward the $29.89 support zone. Buyers are cautiously stepping in, but the broader structure remains tilted downward following weeks of persistent lower highs and fading momentum. Price has bounced off the $30 area, a level that has repeatedly acted as a springboard throughout 2025.

HYPE Key Levels:

Support Levels: $29.89, $18.79, $10.13
Resistance Levels: $35.88, $43.82, $50.42

HYPE Long Term Trend – Bearish (Daily Chart)

The PPO shows a bearish crossover still intact, though histogram bars hint at early contraction. ATR (3.64) reflects moderately elevated volatility, now receding from recent peaks. Structurally, rallies face resistance near $35.88, which aligns with the prior range midpoint. Unless buyers sustain closes above this level, momentum remains fragile.

Volume behaviour shows muted conviction, with candles forming tighter ranges. The market continues to digest prior losses, leaning on support but lacking strong inflows to confirm reversal. Hyperliquid remains balanced between bounce potential and continuation risk. Momentum indicators are beginning to flatten, but recovery is tentative and rests on fragile footing.

HYPE Short Term Trend – Neutral (4 Hour Chart)

On the 4 Hour Chart,2 Hyperliquid trades around $31.81, up 1.89%, forming higher lows off the $29.89 zone. Short term structure reflects base‑building as the PPO line turns upward from deeply negative territory.

The PPO is crossing back toward the zero line, signalling potential bullish momentum shift. ATR (1.49) confirms volatility compression, often preceding sharper moves once direction gains traction. A decisive close above $35.88 would be required to flip short‑term momentum decisively bullish.

Make money without lifting your fingers: Start using a world-class auto trading solution 

Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment results.