$HYPE — Bullish consolidation in play

Price remains above key short-term moving averages — MA5 (32.7), MA10 (32.4), and MA20 (32.8) — signaling a bullish short-term bias, while the MA120 at 27.0 confirms the broader uptrend remains intact.

Recent 1H candles show rising volume (~1.8M) on upward pushes near 34.4, confirming strong buyer interest at higher levels. On the flow side, 30m contract inflows (+4.96M) reinforce immediate bullish momentum.

Long $HYPE

Entry options:

• Immediate: 33.8 – 33.9

• Pullback: 32.2 – 32.5 (support + MA20 confluence)

Stop Loss: 31.1 (below support and recent swing low)

Targets:

• TP1: 34.7

• TP2: 35.8

Trade $HYPE here 👇

HYPEUSDT Perp — 33.76 (+0.49%)

#HYPE #HYPEUSDT #Hyperliquid