- HYPE price holds above $36, keeping bullish structure intact.
- Breakout above $43 could push HYPE price toward $65 target.
- Loss of $33 would invalidate the current bullish setup.
HYPE price remains stable near $37.62, maintaining support above the $36 swing low. This level has attracted buyers, helping preserve the current bullish structure. According to analysis shared by Crypto Tony, a move toward $35.50 could provide a stronger base for the next upward move in HYPE price.
The 4-hour chart from Bybit shows a descending trendline from recent highs, indicating short-term pressure. Despite this, holding above support keeps the broader setup intact. Traders are watching closely as the HYPE price consolidates within this range.
HYPE Price Bull Flag Signals Potential Breakout Toward $65
The current formation resembles a bull flag, a continuation pattern often seen during strong trends. As long as the HYPE price stays above $36, the structure remains valid. The first key resistance sits at $43, marking the previous pole peak.
A daily close above $43 would strengthen the breakout case. If confirmed, HYPE price could move toward $50 and $54, aligning with the 1.0 Fibonacci extension. Further upside could emerge if the pattern extends, with projections pointing to $65 near the 1.618 Fibonacci level.
HYPE Price Risk Levels and Institutional Interest Grow
On the downside, losing $36 would weaken the bullish outlook. The structure still holds above $33, but a daily close below that level would invalidate the pattern. This would shift momentum back toward sellers and increase downside risk for the HYPE price.
Institutional developments are also shaping sentiment. Hyperliquid Strategies, chaired by Bob Diamond, has filed an S-1 with the U.S. Securities and Exchange Commission to raise to $1 billion. The move aims to expand HYPE holdings, signalling growing institutional interest.
From my coverage of similar setups, such filings often support long-term narratives, even if the short-term price remains volatile. Traders now focus on whether the HYPE price can hold support and build momentum toward a breakout.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
