​🔥 Hyperliquid ($HYPE ) Bullish Momentum! 🔥

​The hype is real! $HYPE is showing strong recovery signs on the 1H chart, pushing back toward the $42 level after a successful bounce from local support.
​The Current View:
​Price: $41.962 🟢 (+2.49%)
​24h High: $42.588
​24h Low: $40.681
​Volume (USDT): $13.03M
​📊 Technical Analysis:
​The chart highlights a classic "V-shaped" recovery. After testing the support at $40.68, we saw a series of strong green candles supported by increasing volume.
​Moving Averages: The price is currently fighting to stay above the MA5 ($42.13) and MA10 ($41.79). A clean close above $42.20 could trigger the next leg up.
​MACD Signal: We have a clear bullish crossover on the MACD (12, 26, 9), indicating that the upward momentum is gaining strength.
​Resistance: The immediate target for the bulls is to retest the daily high at $42.58.
​Market Sentiment:
​Hyperliquid continues to be a top performer in the DeFi sector. With the MACD trending upward and volume holding steady, the bulls seem to be in the driver's seat for this session.
​Are you longing $HYPE here or waiting for a $40 retest? Let’s hear your strategy! 👇