Hyperliquid (HYPE) Price Eyes 10% Pullback—Is a Short Squeeze Set Up in Play?

2026-02-16 09:20:40

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Story Highlights* Hyperliquid (HYPE) is losing momentum, with the price sliding toward the critical support zone below $28, signaling weakening bullish control.

A strong rebound is needed at current levels, as a failure to defend support could activate a bearish setup, exposing the price to a potential 20–25% correction.

HYPE3,13%

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Maomaoya

· 17h ago

Hyperliquid (HYPE) When the price approaches the key support level below $28, momentum is weakening, indicating that bullish control is diminishing. A rebound is crucial; otherwise, failure to hold the support could lead to a 20-25% price correction.

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