Hyperliquid Faces $59 Risk as Analysts Disagree on HYPE Outlook

Analyst identifies a potential head-and-shoulders pattern, with a 12-hour close below 76–78 exposing downside targets at $62 and $59. Michael van de Poppe expects HYPE to recover toward 112–116, identifying 80–84 as a potential buying zone. Technical indicators remain bearish, with RSI at 41.05 and MACD below its signal line; immediate support sits at 82–83. Hyperliquid faces competing price forecasts as weakening momentum raises the risk of a deeper correction. Analyst Ali Charts sees a potential 22% decline toward $59, while Michael van de Poppe maintains a 112–116 upside target.

Source: Crypto Front News