HYPE - Hyperliquid

Forming a bear flag after a breakdown and retest rejection, bearish setup.

Broke down, retraced, rejected, buy target at $49-$50 near long-term trend line.

Broke down and flipped bearish; as long as it stays below resistance, bears have taken over; possible money rotation out.

Trend line support, upside target to 85-86 if holds

Choppy action, resistance around 85-86 is a shortable opportunity, support near 47-50.

Negative divergence forming with slightly higher high on price but lower highs on RSI. Bear flag building. Does not fit the bullish thesis.

Hyperliquid is not showing a clear setup. Soloway suggests it could be forming a double top (MTOP) but is reluctant to call it. Key support trend line with lows at $53; if that breaks, target is $45.

Hyperliquid is showing a potential bear flag forming at a double top resistance level. Gareth warns this one could start to go down and doesn't like the chart as much as Solana.

Hyperliquid formed a double top and is getting rejected. He likes a short setup if it rallies back up to the trend line resistance. He is not buying it at current levels.

Came close to Gareth's buyable level. He notes a potential head and shoulders pattern but doesn't love the formation due to its short duration. Could be starting to form a bear flag but not yet an ideal setup.