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Hyperlikuid shows Bullish Reversal, key target to $ 18.50 in sight

Hyperliquid just pulled a strong bounce back into her range after fake to break. In this defect, we will move on to which levels are a thing, and where the price could be referred if the momentum continues.

Hyperliquid (Hyper) He recently showed strong signs of Buk’s turn after the deviation below her range of low. Using a confirmed return and pure Bukovski repetition, the current price structure suggests that larger prices are on the horizon. As long as the deviation is intact and intact, traders should be a closely eye on this setting, because it still builds a bully swing.

Key points:

  • The price deviated below $ 9.34 before returning a range – failed auction signal
  • Bullish Retest Low Assortment with a grille of 0,618 Fibonacci
  • Current consolidation can lead to interruption to $ 18.50 – a range of high
Hyperliquid shows Bullish Reversal, key target to $ 18.50 in sight - 1
Source: Tradingview

Deviation Range Low

Hyperliquid has established a key momentum low to $ 9.34 before receiving the previous trading range. This price of the price formed what is considered a deviation or a failed auction, a signal that the sellers could not push the market lower and are trapped below the range.

Reclaim was not only emotional, but technically, with precise sound repetition of low-leveled range of recently, which is perfectly compliant with a recent rate of 0,618 Fibonacci – a good respectable space of interest between technical traders.

After this regained, two consecutive wet wages confirmed the renovated swing, pushing the price back into the point control of the zone in which the largest volume was traded in this range. This shows that market participants go into a verdict.

The price of the price is located in the middle of the range, forming a bill flag textbook or a shallow pull pattern. If this is solved, it could provide a springboard according to the next major resistance zone.

The next target goal lies to $ 18.50, a top range and another 0,618 fibonaccable resistance level. As long as the deviation is low to $ 9.34, this structure remains firmly bikovna. However, traders should watch carefully: any failure below that level could undo the setting and the lower side moves.

For now, the Bakara scenario remains valid. This setting offers a strong opportunity for short-term racetrackers, but only by appropriate confirmation. Wait for the interruption above the local resistance with powerful volume support before entering. Patience in such settings often leads to better trading entries and reduced risk exposure.

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2025-04-11 21:21:00

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