Ali Martinez Flags Hyperliquid (HYPE) Head-and-Shoulders With 22% Downside

Analyst Ali Martinez flags a head-and-shoulders top on Hyperliquid's (HYPE) 12-hour chart, with a neckline at $76-$78 and a potential drop to $59, implying 22% downside. The pattern suggests bearish momentum if the neckline breaks, though confirmation is needed. Traders watch HYPE closely as it tests key support levels.