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Hyperliquid price nears key $50 support, bulls eye $61 recovery amid mixed momentum.

Technical Signals
09 Aug 2026
Tokenpost
View Source
Neutral
Hyperliquid price nears key $50 support, bulls eye $61 recovery amid mixed momentum.

Hyperliquid (HYPE) price has dropped from its June-July highs and is now trading near a critical support zone around $50-$51. The price faces resistance at $56-$57 and $61-$62, with a breakout above $61 needed to confirm the end of the recent correction. Despite short-term weakness and declining volume, the 200-day moving average remains upward, suggesting the overall trend is still constructive. A break below $50 could lead to further declines toward $46-$48, while reclaiming $57 and breaking $61 could push prices higher toward $65-$67.

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Hyperliquid's HYPE token hits $89, up 60% in a month with strong institutional interest.

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