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BTCC / BTCC Square / Global Cryptocurrency /
Hyperliquid Tests Range High Amid Signs of Potential Reversal

Hyperliquid Tests Range High Amid Signs of Potential Reversal

Author:
Global Cryptocurrency
Published:
2025-04-24 18:48:02
12
2

Hyperliquid (HYPE) is probing a critical resistance level at the range high after a sharp bullish rally. The move follows a failed auction scenario at the range low, where sellers were exhausted, triggering a swift reclaim of lost ground. Momentum now appears to waver as volume fades and price action hesitates NEAR the range top.

Technical structure suggests a classic reversal setup: the initial breakdown below the range low failed to sustain, creating a springboard for impulsive upside. Yet the lack of follow-through buying at resistance raises questions about continuation potential. market participants are watching for either a breakout confirmation or rejection at this pivotal zone.

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