HYPE: Bulls Still Hold the EdgeHyperliquid / TetherKUCOIN:HYPEUSDTDukesMarketAnalysisTrend • HYPE remains one of the strongest charts in crypto, with the broader uptrend intact despite the recent pullback from all-time highs. Support • The recent swing low at $58.56 sits in confluence with the rising 50-day EMA. Holding this area keeps the medium-term bullish structure intact. Resistance • Bulls need a break above the recent $67.81 swing high to confirm the pullback is over and resume the primary uptrend. Momentum • RSI bearish divergence suggests upside momentum has cooled, although the StochRSI is beginning to recover from oversold territory. Long-Term Structure • The breakout above the former weekly resistance at $45.77 remains valid, with that level now acting as major support. In Summary Hyperliquid continues to outperform much of the crypto market despite its recent correction from new all-time highs. The broader trend remains bullish while price holds above the rising 50-day EMA and the key $58.56 support. Although RSI bearish divergence suggests momentum has weakened, the overall structure remains constructive. A break above $67.81 would likely signal the next leg higher, while losing $58.56 would be the first meaningful warning that the medium-term trend is changing.