Hyperliquid (HYPE) is experiencing steady growth as it reflects a gain of 5.57% in the last 24 hours and holds the 20th position in the crypto market rankings. The token has a total market capitalization of $9.16 billion and a trading volume of $224.22 million. It shows strong price activity near critical resistance and support levels, with the primary resistance at $28.50 and critical support at $26.20. The Relative Strength Index (RSI) is close to overbought territory, indicating bullish momentum, and the Chaikin Money Flow (CMF) confirms strong buying activity. Moving averages also support the bullish sentiment, with a golden crossover pattern and the 20-day moving average acting as a key dynamic support line. The market outlook remains optimistic, but traders should monitor support and resistance levels for potential reversals.



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