HYPE Hits Key Zone as Traders Watch for Breakout Signal

• HYPE entered a critical support zone as analysts watch for signs of renewed upside momentum.
• Analysts say Bitcoin’s next move could determine whether HYPE resumes its rally or extends losses.
• Technical signals suggest HYPE remains structurally strong despite recent profit-taking pressure.

Hyperliquid’s HYPE token has fallen into a key price range after a recent pullback, with traders watching whether it can regain upward momentum.

Crypto analyst Michaël van de Poppe said on X that the token remains relatively strong compared with parts of the broader market, despite recent volatility. He pointed to a key resistance level that HYPE would need to break to signal a potential recovery.

“There’s clearly an important resistance level to break for $HYPE,” van de Poppe wrote. He added that if Bitcoin enters a consolidation phase, stronger altcoins could begin…

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