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txd102023
txd102023
Hyperliquid (HYPE) +5% as momentum remains strong In my view, HYPE is still one of the strongest momentum plays in crypto right now. The rally doesn't appear tied to a single news event, but rather continued confidence in Hyperliquid's position as the leading decentralized perpetuals trading platform. The token has significantly outperformed the broader market over the past week, suggesting capital is specifically targeting the Hyperliquid ecosystem rather than simply following Bitcoin or the overall crypto trend. Near term, $65 is the key support level. As long as HYPE stays above it, a retest of the $70–$72 resistance zone looks likely. A successful breakout could extend the uptrend, while a drop below $60 would be the first sign that momentum is cooling. My take: Bullish. HYPE continues to attract strong trader interest and remains one of the clearest "alpha" trades in the market. The main thing I'd watch is trading volume—if participation stays high, the path toward new highs remains open.

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