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Hyperliquid (HYPE) Price Tests Key Support as Bulls Fight to Preserve Uptrend

TokenPost·July 23, 2026·1 min read
Hyperliquid (HYPE) Price Tests Key Support as Bulls Fight to Preserve Uptrend

Hyperliquid (HYPE) is undergoing its first major correction after a strong rally that pushed the token near $75-$76. Selling pressure has sent HYPE back toward the critical $58 support level. The 100-day exponential moving average near $57 is being tested for the first time since the breakout, acting as key dynamic support.

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