HYPE Price Analysis: Key $37 Support Signals Potential Breakout Toward $50

Sean Williams
hyperliquid

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HYPE consolidates at $37 support after failed breakdowns.

Stop-loss at $36.75, take-profits at $45 and $50.

Maintaining $37 is crucial for confirming bullish momentum.

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HYPE is trading near $37.81, slightly down 0.38%, but technical indicators suggest the token could be entering a pivotal phase. Recent volatility has shaped a clear short-term trading structure, hinting at potential upside if key support levels hold.

Consolidation Around Key Support

According to trader Yakov (@lunanomacrypto), HYPE’s price is stabilizing in a crucial demand zone between $36.8 and $37.4. Multiple attempts to break below this range have failed, creating a base that could support future gains. Yakov’s structured long setup was executed between $37 and $38, with a stop-loss at $36.75 and take-profit targets at $45 and $50. This represents a risk-to-reward ratio near 1:3, appealing to traders seeking well-defined entries and exits.

Technical Structure Points to Momentum Potential

On the 15-minute chart, HYPE shows a descending structure after failing to breach $48. The gray-highlighted entry zone marks accumulation, while a purple projection block above $45 signals potential upside. Key resistance levels sit near $50.45 and $42–$43, while the base around $36.2 has historically triggered sharp recoveries. Traders are watching whether HYPE can hold above $37, as any breakdown below $36.75 would invalidate the bullish setup.

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Traders Eye Reaction Candles and Liquidity Zones

The reduced volatility over recent sessions indicates a period of accumulation, making the $37.3 area critical for short-term momentum. Community interest is rising, with discussions emphasizing the structured trade plan and confidence in execution. If HYPE maintains stability and upward momentum, the projection toward $50 aligns with the anticipated rebound of more than 25% from current levels. Lower shadows forming around $37 highlight active buy-side defense, reinforcing this zone as a near-term liquidity battleground.

HYPE’s short-term structure suggests that the next directional move could be decisive. Traders monitoring the $37–$38 range for reaction candles and volume shifts will likely determine if the token sustains a bullish trajectory. Holding above $37 could confirm the path toward $50, while a drop below $36.75 would signal caution.

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Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.

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