Hyperliquid price prediction Hyperliquid (HYPE) re

Hyperliquid price prediction

Hyperliquid (HYPE) recovered to the moving averages, where the bears are expected to mount a strong defense.

If the price turns down from the moving averages, it will indicate that the bears continue to sell on rallies. The bears will then strive to sink the HYPE/USDT pair below the $36 support. If they manage to do that, the price could plummet to $32.

Contrarily, a break above the moving averages suggests that the bears are losing their grip. The HYPE price could rally to the support line, a significant level to watch out for. A break above the support line signals the correction may be over.