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Hyperliquid's HYPE token may drop 30% amid US-Iran tensions and bearish chart signals.

Market News
10 Jun 2026
FXEmpire
View Source
Bearish
pluang ai news

Hyperliquid's HYPE token is showing a bearish head-and-shoulders pattern, trading near $55.60 at a critical support level. A break below $55-$56 could lead to a 30% drop to around $39-$40, matching a previous consolidation zone. This technical weakness coincides with rising US-Iran geopolitical tensions, which have pressured risk assets and increased market volatility. The token's recent strong rally makes it vulnerable to profit-taking amid this macroeconomic stress.

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