- HYPE rallied nearly 20% after bouncing from the $25 demand zone, keeping the bullish structure intact.
- A retracement into the $27.27–$28.17 golden pocket may offer the next buying opportunity.
- A break below $26.1 would invalidate the short-term bullish setup and shift momentum.
Hyperliquid has been quietly flexing strength again. Just a week ago, on February 23, HYPE dipped to $25.63, brushing against a key demand zone that had traders watching closely. Since then, the DEX token has rallied nearly 20%. Not explosive in meme-coin terms, but strong. Controlled. Intentional.
That pullback into $25 wasn’t random noise either. It was, as some analysts pointed out, a structured retest of support. AMBCrypto had flagged that zone as a buying opportunity, and so far, the bounce validates that call. More importantly, bears haven’t been able to push price below $23.4 or $20, the levels that would’ve signaled deeper trouble. Those lines remain intact.
And that matters.
The Bigger Picture Still Leans Bullish
On the daily chart, Hyperliquid printed a bullish swing structure shift toward the end of January. After that shift, price retraced cleanly into the 61.8% Fibonacci level, a classic golden ratio area where trends often resume. From that support, an internal structure break followed, reinforcing the idea that bulls were quietly regaining control.
Technically, price action has been aligning with buyers. It looked like accumulation, even if not everyone was convinced. That’s where things get interesting.
Because the indicators didn’t exactly scream “buy.”
The Chaikin Money Flow hovered around zero. The Accumulation/Distribution line failed to push into new highs. Volume didn’t surge. Even the Awesome Oscillator sat below the zero line, reflecting muted momentum. On paper, that combination leaned neutral, maybe even slightly bearish.
But here’s the thing traders sometimes forget: price leads. Indicators lag. Charts often move first, and confirmation comes later.
Short-Term Setup Favors a Pullback Buy
Zooming into the 1-hour timeframe, the structure looks cleaner. The swing trend remains bullish, even though price has started to cool off from the recent $31 local high. That pullback isn’t necessarily weakness. It could simply be digestion.
Using the recent lower timeframe swing, the Fibonacci golden pocket sits between $27.27 and $28.17. That zone becomes critical. If HYPE retraces into that range and shows bullish reaction, it could offer a strong entry opportunity for continuation.
From there, upside targets around $38 and $42 come into view. Those aren’t guarantees, of course. They’re projections based on structure, not promises carved in stone.
On the flip side, there’s a clear invalidation level. A break below $26.1 would weaken the short-term bullish setup and suggest that the pullback is turning into something heavier. That’s the line bulls likely don’t want to see crossed.
What to Watch Next Week
For the coming week, the ideal scenario for bulls is simple. Controlled retracement into the golden pocket. Strong bounce. Expansion toward higher targets.
If that plays out, it reinforces the broader bullish bias that’s been building since late January. But if buyers fail to defend the mid-$27 region and price slips under $26, sentiment could shift quickly.
Right now, Hyperliquid’s structure favors the bulls. Not aggressively. Not recklessly. Just steadily.
And sometimes, steady strength is the most dangerous kind for anyone betting against it.Hyperliquid Crypto Jumps 20% From $25 Support – Here Is Why $38 Could Be Next
