Hyperliquid Eyes Buy Zone as Bulls Defend Key Support

• Hyperliquid maintains higher lows above $60, while buyers continue defending momentum despite lighter trading volume and recent profit-taking.

• Historical rebounds from Fibonacci support, bullish order blocks, and fair value gaps strengthen attention on the current demand zone.

• Holding the highlighted buy zone keeps recovery targets active, while losing support could weaken the prevailing bullish market structure.

Hyperliquid Buy Zone remains the market’s primary focus as buyers defend key support after recent gains. Price continues holding a constructive structure, while traders monitor whether sustained demand extends the broader upward trend.

Hyperliquid Holds Structure Above Key Support

The latest three-day chart attracted attention after Crypto Patel shared a bullish technical outlook. His post identified a high-confluence support area as a favorable risk-to-reward opportunity. The analysis emphasized patience while awaiting confirmation from buyers.

Source: X

The chart presents several impulsive advances followed by controlled corrective phases. Each retracement previously respected major Fibonacci support before producing fresh highs. Those historical reactions remain central to the current technical outlook.

Patel also identified overlapping bullish order blocks and fair value gaps. These technical regions previously attracted strong buying interest after temporary market weakness. Similar behavior has appeared during multiple corrections since early 2025.

Rather than signaling trend exhaustion, the present decline resembles earlier retracement phases. Historical rebounds followed comparable technical setups across previous market cycles. Traders now watch whether demand repeats that established pattern.

Intraday Momentum Reflects Steady Buyer Participation

The 24-four-hour chart complements the broader technical picture with encouraging short-term strength. HYPE as of writing, trades near $60.98 after posting a daily gain of approximately 3.29%. Buyers recovered quickly after early weakness below $58.50.

Price steadily advanced through higher highs and higher lows across the session. The move unfolded gradually instead of producing a speculative vertical rally. That structure reflected consistent accumulation throughout the trading day.

Momentum strengthened after HYPE reclaimed the $59.00 resistance region. Buyers later defended positions above $60.00, transforming previous resistance into support. Price briefly exceeded $61.00 before moderate profit-taking appeared.

Market cap rose with the day’s pick-up to about $15.42 billion. Trading volume, meanwhile, dropped almost 28% to some $256 million. The advance nevertheless remained orderly despite lighter market participation.

Fibonacci Levels Shape the Next Trading Decision

Crypto Patel’s projection outlines a gradual recovery rather than an immediate breakout. His roadmap anticipates consolidation before another attempt toward previous highs. The accompanying tweet introduces this scenario through the highlighted buy zone.

The first technical support coincides with the 0.382 Fibonacci retracement in the mid-$40 area. Further support may be seen around the 0.5 and 0.618 level. Together, these areas create a broader technical demand cluster.

If buyers defend the highlighted region, attention shifts toward the previous high near $77. Beyond that level, the chart sketches continued price discovery into triple-digit territory. Those projections remain dependent on sustained bullish confirmation.

Risk management remains essential throughout the current setup. A decisive breakdown beneath the bullish order block would weaken the structure. Until then, Hyperliquid continues trading within a technically significant decision zone where buyers retain short-term control.