HYPE: From “Moon” to “Meh” – Did Someone Forget to Set the Alarm?

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So, HyperLiquid took a shot at the big leagues—tried to bust through $42.24. You know, real confidence, like showing up to a party as the best-dressed guy. And what happens? Out. Rejected. Bouncer says no. Now it’s doing that awkward shuffle back down, looking desperately for support, maybe thinking, “Hey, let’s see if $30 likes me.” Honestly, it’s like watching someone miss a layup and then pretend their shoe was untied. 🙄

  • HYPE did its best at $42.24, stumbled, and now everyone’s pretending not to notice.
  • Support zones? Yeah, there are some—point of control and the “please, not here” value area low at $30.
  • Volume’s on a diet—so thin, it’s practically invisible. If you see demand, let me know, because nobody else can find it. 📉

We all saw it: HYPE snuck above $42.24, took a photo, and then boom—back down like someone tripped over an imaginary wire. Now you’ve got this “deviation” or, as I call it, the “whoopsie-daisy” pattern. It’s heading for the point of control, which, let’s be honest, sounds important but is about as effective as a screen door on a submarine during these corrections.

Key technical points

  • Failed Auction at $42.24: HYPE crashed the party and got thrown out. Downside ensues, shocker.
  • Support Zones Below: That point of control… everyone’s acting like it’s Lennox Hill. Try $30 next. Good luck!
  • Volume Declining: Demand? People looking for demand like it’s their lost car keys. Not happening. Expect more “meh.”

Losing $42.24 isn’t just embarrassing—it’s the crypto version of waving at someone who wasn’t waving at you. It’s that bad. For about five seconds, $42.24 was support—then, poof, gone. Now we’re whispering about deviations, which everyone knows is code for, “Eh, let’s just hope it doesn’t get worse.” All eyes on the point of control, because if that breaks, it’s “hello, $30 club.” 🍿

If—big if—HYPE manages to pull itself together at the point of control, maybe this is just “character building,” a little setback before the next moon mission. If not? Get comfy at $30. There’s “significant liquidity” there, which is analyst-speak for, “well, at least there’s someone home.”

If $30 packs its bags too, we’re heading for $26.53. The market’s basically drawing a giant rectangle and asking prices to play ping pong in it until the crowd wakes up and decides to actually trade. Talk about a snooze-fest.

Structurally, bulls still have a shot—if $30 doesn’t betray them. Otherwise, it’s time to start talking about “deeper consolidation,” which is code for, “let’s all pretend we know what’s happening while we watch Netflix and wait.”

Volume, by the way, has hit a new low—it’s the crypto equivalent of tumbleweed. If you’re a buyer, maybe get a megaphone, because nobody’s hearing you. Unless people suddenly care again, get ready for a range so wide you’ll need binoculars just to see the other side. 🤷‍♂️

What to expect in the coming price action

HyperLiquid: currently in the correction penalty box. If it can hold the point of control—maybe we get a comeback. If not? See you at $30, and probably $26.53, assuming anyone’s still watching. Oh, and volume—wake up, would ya?

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2025-08-01 16:17