Hyperliquid rebounds from $75 as traders watch $83 resistance

Key takeaways HYPE rose 1.9% over 24 hours after bouncing from support near $75. The token needs to move above $83 to strengthen the case for a recovery. A break below $75 could expose the 200-day EMA near $67.50. Hyperliquid’s HYPE token gained 1.9% over the past 24 hours after reaching a support area around $77, offering buyers a possible opportunity to halt a correction that began in late September. The level also supported HYPE in mid-September, before the token climbed to a record high.

Source: CoinJournal