Hyperliquid (HYPE) flashes bullish reversal, 20% upside in sight

Because the broader market recovers, Hyperliquid [HYPE] has signaled a powerful reversal with a bullish breakout, drawing widespread consideration. 

Following the transfer, daring predictions surfaced on X, whereas specialists famous HYPE could also be opening the door to additional upside. At press time, HYPE’s worth had risen 4.75% previously 24 hours, buying and selling at $30.30.

Throughout this era, important market participation has additionally been noticed, with buying and selling quantity rising 14.5% to $207.95 million, suggesting that merchants and buyers could also be exhibiting curiosity within the present pattern.

HYPE worth motion and daring prediction

A crypto knowledgeable not too long ago shared a put up on X highlighting Arthur Hayes, former BitMEX CEO, making a daring prediction. Hayes revealed plans to purchase extra HYPE tokens, believing the asset may attain $150 by July 2026. 

The bold goal shortly went viral on X, sparking widespread debate throughout the platform.

Supply: X/KookCapitalLLC

HYPE’s four-hour chart, the asset seems to have not too long ago damaged out of a descending triangle sample and appears poised for a possible upside transfer.

Based mostly on the present worth motion, if HYPE stays above the important thing assist degree of $29, it may see a 20% worth uptick and should attain $36 within the coming days.

Supply: TradingView

Nonetheless, the bullish thesis can be invalidated if the worth falls beneath $28 and closes a four-hour candle beneath that degree. If this happens, a pointy sell-off may observe.

At press time, the Common Directional Index (ADX), an indicator that measures the power of an asset’s pattern, stood at 12.26, which was beneath the important thing threshold of 25, indicating weak directional power.

In the meantime, the Relative Energy Index (RSI) has reached 57.97, suggesting that the asset stays beneath the overbought territory and nonetheless has room to proceed its upward momentum.

Merchants’ bets strengthen HYPE’s bullish construction

With the present market construction, it seems that intraday merchants are intently following the pattern.

Information from the derivatives analytics platform CoinGlass reveals that merchants are presently over-leveraged at $28.32 on the decrease aspect and $30.92 on the higher aspect.

At these ranges, they’ve constructed roughly $14.49 million in lengthy leveraged positions and $4.70 million in brief leveraged positions, indicating that bulls are presently dominating the asset.

Supply: CoinGlass

One other metric that’s presently strengthening HYPE’s bullish outlook is its rising DEX quantity and income over the previous couple of days.

As per DeFiLlama, because the 14th of February 2026, the protocol’s income and DEX quantity have surged from $941.78K to $1.73 million and from $57.59 million to $95.31 million, respectively, indicating a pointy rise in person exercise and on-chain engagement.

Supply: DeFiLlama

This notable uptick highlights growing community demand and buying and selling participation, which may additional assist HYPE’s constructive worth momentum within the close to time period.

Remaining Abstract

• HYPE has damaged out of a descending triangle sample, with worth motion suggesting that one other 20% upside transfer may very well be on the horizon.
• Intraday merchants additionally seem like strongly supporting HYPE’s bullish outlook, having positioned $14.49 million in lengthy positions in opposition to $4.70 million in brief bets.