{"id":99654,"date":"2025-09-25T11:52:18","date_gmt":"2025-09-25T11:52:18","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=99654"},"modified":"2025-09-25T11:52:18","modified_gmt":"2025-09-25T11:52:18","slug":"after-26-weekly-drop-can-hype-bounce-back-to-50","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=99654","title":{"rendered":"After 26% Weekly Drop, Can HYPE Bounce Back to $50?"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

HYPE finds immediate support at $44\u201345, while $50 remains the first key resistance level.
\nAnalysts point to $38\u201340 as major support, with deeper levels around $30, $28, and $23.
\nOpen interest holds strong at $2.17B, showing heavy trader activity despite recent price correction.<\/p>\n

Price Pullback and Key Levels<\/h2>\n

Hyperliquid (HYPE) has fallen more than 26% in the past week, dropping from recent highs near $59 to around $42 at press time. Trading volume over the last 24 hours is around $907 million, with a daily decline of 4%.<\/p>\n

On shorter timeframes, the previous range POC $44\u2013$45 is serving as immediate support. Resistance at $50 corresponds to the last breakdown. A slightly stronger wall forms around $52\u2013$53, aligned with weekly and Monday opens. A failure of the $44\u2013$45 line could rally interest towards the lower levels.<\/p>\n

Analysts Note Support and Market Imbalance<\/h2>\n

Crypto Bully said HYPE retraced more than expected but is still holding above the range POC.<\/p>\n

$HYPE<\/a><\/p>\n

\u2013 Retraced quite a bit more than expected. However the range prior to breakout is holding well so far as we\u2019re trading right at the POC<\/p>\n

\u2013 Can add here for a move back towards $50 (support that broke through which lead to the breakdown), invalidation is price finding\u2026 pic.twitter.com\/cC4cyPIwtL<\/a><\/p>\n

\u2014 Crypto Bully (@BullyDCrypto) September 24, 2025<\/a><\/p>\n\n

Ali Marinez added<\/a> that the $42 region aligns with a key retracement level, calling it a \u201cgolden buy-the-dip zone.\u201d<\/em> His chart outlines a potential rebound path that could take HYPE back toward $55, provided the $42 support holds.<\/p>\n

<\/a>Source: Ali Martinez\/X<\/p>\n

Husky pointed<\/a> to other factors weighing on the market, including buybacks, whale selling, and token unlocks. He remarked, \u201cThat last move down is the imbalance that screams at me, though, I\u2019d expect to see some of that filled.\u201d<\/em> Husky marked support at $38\u201340, with deeper levels at $30, $28, and $23. Short-term resistance is placed in the $47\u201350 area.<\/p>\n

HIP-3 Update and Governance Proposals<\/h2>\n

According to Hyperliquid News, the final draft of HIP-3 is nearly ready. It includes staking requirements for creating decentralized exchanges, fee adjustments for stablecoins, and slashing penalties. HYPE staking benefits would extend to all HIP-3 trading pairs.<\/p>\n

The final version of HIP-3 is almost ready.
\n\u2013 Bug bounties now correspond to those on the mainnet.<\/p>\n

\u2013 To create a HIP-3 Dex, you must stake at least 500,000 $HYPE<\/a> (which will be reduced over time).<\/p>\n

\u2013 The first three assets will not be auctioned, but subsequent ones will function\u2026 pic.twitter.com\/sgLxi49bTw<\/a><\/p>\n

\u2014 Hyperliquid News (@HyperliquidNews) September 25, 2025<\/a><\/p>\n\n

Separately, investment firm DBA has proposed<\/a> reducing HYPE\u2019s total supply by 45%, aiming to improve investor appeal. The proposal is under discussion and has not been enacted.<\/p>\n

Futures Open Interest<\/h2>\n

Futures data shows open interest (OI) remains elevated at $2.17 billion. As May rolled in, OI crept slowly upward from less than $1 billion to current levels, suggesting the continued activity in the derivatives market.<\/p>\n

\n

<\/a>Source: Coinglass<\/p>\n<\/div>\n

July and mid-September saw OI climbing together with price rallies. The recent fall from $59 down to $42 did not even see much of an unwind, meaning a whole lot of positions are still open. These are when high OI on a downtrend leaves markets open to volatility in the event of increasing liquidations.<\/p>\n

The post After 26% Weekly Drop, Can HYPE Bounce Back to $50?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR HYPE finds immediate support at $44\u201345, while $50 remains the first key resistance level. Analysts point to $38\u201340 as major support, with deeper levels around $30, $28, and $23. Open interest holds strong at $2.17B, showing heavy trader activity despite recent price correction. Price Pullback and Key Levels Hyperliquid (HYPE) has fallen more than […]<\/p>\n","protected":false},"author":0,"featured_media":99655,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-99654","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/99654"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=99654"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/99654\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/99655"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=99654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=99654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=99654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}