Hyperliquid HYPE technical analysis

HYPE trades at $86.063, up 2.04% on the day, with the 4h RSI at 49 and the 1D RSI at 55. The daily structure remains an uptrend, as price holds above the 1D SMA20 at 82.8825 and the 4h SMA20 at 85.8892, though momentum is neutral rather than strongly directional.

The immediate battleground is the 4h resistance zone of 86.598-86.856, touched once, against the 4h support shelf of 85.1655-85.4235, touched twice. Below that, a dense support band of 82.2-84.497 has 12 touches, with a rising 4h trendline near 81.7328 (3 touches) offering deeper anchoring.

Bulls need a decisive close above 86.856, then 87.571, to open 88.1245-88.3825 resistance. Bears must defend 86.598-86.856 and push price under 85.1655, targeting the 82.2-84.497 zone, with a break below 81.7328 weakening the uptrend.