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HYPE Rebounds as Retail Demand Returns, Bulls Eye Breakout Above 65.00

Hyperliquid (HYPE) is showing signs of renewed strength after last week's sharp sell-off, with the token gaining 8.7% on Monday and extending Sunday's 5% rebound. The recovery comes as retail traders return to the market, helping offset concerns triggered by the first-ever daily outflows from HYPE-focused ETFs.

Retail activity supports recovery

Market data indicate improving participation from speculative traders. HYPE futures Open Interest has climbed roughly 6% over the past 24 hours to $2.61 billion, signaling fresh leveraged positions entering the market. The increase suggests traders are positioning for a continuation of the rebound.

Funding rates remain positive despite cooling from recent highs, indicating bullish sentiment is still dominant across the derivatives market. However, institutional investors appear more cautious. HYPE ETFs recorded net outflows of $2.92 million on Friday, marking the first daily withdrawal since launch and raising questions about broader market confidence.

While retail demand is currently driving the recovery, continued institutional selling could create headwinds in the near term.

HYPEUSDT 4H Technical Analysis

HYPE has recovered strongly after finding support near 55.90, with buyers aggressively defending the area and pushing price back toward the key 62.60–65.00 resistance zone.

The recent decline from 75.00 appears to have been a corrective move rather than a complete trend reversal. The formation of higher lows and improving momentum signals suggest buyers are gradually regaining control.

Momentum indicators continue to strengthen, with oscillators rebounding from oversold conditions and signaling growing bullish pressure. This improvement supports the possibility of another upward leg if resistance levels are cleared.

The major level to watch is 65.00. A decisive break above this barrier could open the path toward 70.00, followed by a potential retest of 76.00. A successful move above 76.00 would confirm the resumption of the broader uptrend.

On the downside, rejection from resistance could trigger a pullback toward 62.60. Additional selling pressure may expose 59.50 and 55.90, where stronger buying interest is expected to emerge.

Key Levels

Resistance: 65.00, 70.00, 76.00

Support: 62.60, 59.50, 55.90

Market Outlook

The short-term bias remains bullish as long as HYPE holds above the 59.50–55.90 support zone. A breakout above 65.00 would strengthen the recovery narrative and could fuel a move toward higher resistance targets in the sessions ahead.

$HYPE
HYPE10.29%
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BeautifulDay
· 40m ago
To The Moon 🌕
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