Hyperliquid Token (HYPE) Defends Critical Support - $100 Rebound Incoming as Traders Position

HYPE token faces its moment of truth at key support levels while traders load up for a potential explosive move toward $100.

The Technical Standoff

Hyperliquid's native token battles to maintain crucial support zones that have historically sparked major rallies. Market sentiment shifts from cautious to opportunistic as accumulation patterns emerge.

Whale Watching Intensifies

Large holders position aggressively below current levels, betting the infrastructure token's underlying technology justifies higher valuations. Derivatives data shows growing long interest despite broader market uncertainty.

The $100 Gambit

Traders eye a 5x return scenario if HYPE holds current defenses and captures momentum from the broader DeFi recovery. Technical setups suggest the path to triple digits requires clearing several resistance clusters first.

Because nothing says 'sound investment' like chasing 500% returns based on support lines and hopium—the traditional finance crowd must be so jealous of our sophisticated analysis methods.

Hyperliquid Token: Tight Range Signals Next Move, Rounding Bottom or Fakeout?

Two more weeks. That’s when people think altcoin season is finally going to break out… maybe in two more weeks we’ll be saying that phrase again. Who knows! But as it stands, resistance remains tight for Hyperliquid at $46.50–$47, where every intraday rally has stalled.

Here are some other important technicals:

• Bollinger Bands are narrowing, a setup that often precedes a breakout
• The moving averages are lining up too.
• The 20-day and 200-day SMAs just crossed near $45.5 in a mini golden cross

On the chart, HYPE is forming what appears to be a rounding bottom. A confirmed breakout could target $47.50–$48. RSI sits at 67, which is not overheated yet. Close but not there yet. Volume hasn’t spiked, which hints at quiet accumulation before a decisive move.

Hyperliquid Derivatives Turn Bearish as Spot Stays Resilient

According to Coinglass, the long-to-short ratio for HYPE has dropped to 0.80, its weakest in over a month, showing that futures traders are leaning short into the dip. Momentum indicators also lean cautious, with the RSI below 50 and MACD flashing a bearish cross.

Even so, spot markets continue to hold the line. Price action has repeatedly found footing in the mid-$40s, similar to past consolidation zones that preceded sharp breakouts.

$SUI flips Hyperliquid in daily DEX volume pic.twitter.com/gHoGbCHNNL

— ToreroRomero (@Torero_Romero) October 8, 2025

On the downside, the next key support lies between $39–$40. A clean break there WOULD risk a deeper correction. Conversely, reclaiming $51–$52 would likely trigger a squeeze higher toward $55–$60.

Final Thoughts on HYPE: Where Do We Go From Here?

The key range sits between $44 and $49. A close above $49 flips momentum bullish toward $52–$55, while losing $46–$47 risks another drop to $44 or even $40. With funding rates flat and open interest cooling, the setup mirrors past mid-cycle pullbacks that often end with a sharp recovery.

Key Takeaways

• Hyperliquid token (HYPE) slipped for a fifth straight session Tuesday, falling about 6% intraday to the $45–$46.
• DeFi Llama data shows Hyperliquid pulling in about $5 Mn a day in protocol revenue.