Hyperliquid Price Prediction: Can HYPE Reclaim $32.00 or Is Deeper Consolidation Ahead?

• Bullish structure holds as HYPE consolidates above cloud, signaling digestion not reversal
• Cooling momentum and falling ADX suggest patience, as breakouts may stall short term
• Stable open interest contrasts spot outflows, showing traders hold while buyers hesitate

Hyperliquid continues to attract trader attention after a powerful rally lifted HYPE from its $20.5 base. Price action now signals a slowdown, not exhaustion. Market structure still favors buyers, yet several indicators suggest short-term patience. 

Bullish Structure Remains Intact

HYPE maintains a clear sequence of higher highs and higher lows on the four-hour chart. This structure confirms that buyers still control the broader trend. Additionally, price holds above the Ichimoku cloud, reinforcing a bullish market bias. 

Recent candles show tight consolidation after strong expansion. Such behavior …

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