Hyperliquid (HYPE) Sees Momentum Shift as Sellers Tighten Grip

Let’s uncover the Hyperliquid price pullback and see if HYPE can bounce back stronger. Key signals suggest an interesting shift .After a remarkable rally that saw its price surge from $10 to over $18, Hyperliquid (HYPE) is finally showing signs of fatigue. The much-anticipated Hyperliquid price pullback is here, sparking fresh debates among traders and investors. As of the latest TradingView data, HYPE is trading around $17.83, posting a daily loss of approximately 2.97%. The rapid climb over the past weeks made HYPE one of the most exciting cryptocurrencies to watch. However, market dynamics are shifting, and technical indicators are now flashing caution signs. Many are wondering whether this dip is a healthy breather or the beginning of a deeper correction. In this article, we will analyze the latest Hyperliquid trading signals and break down what’s next for HYPE crypto analysis.

Is the Hyperliquid Price Pullback a Cause for Concern?

The Hyperliquid price pullback was anticipated, given the significant rally they experienced. Typically, assets experience short corrections following harsh price moves upwards. These corrections can reset market sentiment and open new entry points for traders who may be looking to build a short or long position. From analyzing the distribution of trading volumes, there has been a steady decrease, although the volumes remain strong overall. A drop in volume usually indicates that the bullish pressure that drove the initial rally is waning. Currently, the relative strength index (RSI) is at 57.70, which would suggest neutral conditions but is moving close to being classified as overbought. If selling pressure continues, HYPE could slide further south into its next major support near the $16 mark.

What Are the Technical Indicators Saying About Hyperliquid?

Diving deeper into technicals, multiple Hyperliquid trading signals are pointing towards a shift in momentum. Most notably, the BBTrend indicator, which measures the strength and direction of price action, has flipped from green to red. With a current value of -0.431, the BBTrend suggests a brewing downtrend. Such pullbacks, while concerning for some, are a normal part of an asset’s lifecycle after massive rallies. It’s important to remember that short-term corrections can stabilize prices before a potential new leg up. Analysts advise waiting for clearer reversal signs, such as the BBTrend turning green again or the RSI falling closer to the 40 level. Furthermore, if the selling pressure remains strong and pushes HYPE below its $16 support zone, the market could witness a deeper consolidation phase.

Chart 1 – HYPE/USDT Live Price, Published on TradingView on April 27th, 2025

How is the MACD Signaling a Shift for Hyperliquid?

The Moving Average Convergence Divergence (MACD) indicator also provides another important hint about HYPE’s current direction. While the MACD line has remained above the signal line, which is generally bullish, the gap is closing. The shrinking distance between the MACD and the signal line, along with the falling MACD histogram bars, is showing decreasing buying momentum and another strong signal that this Hyperliquid price pullback could continue if the bulls do not take control again soon. This signal will be highly relevant to traders as many will be looking at the MACD for clues over the next few days. If the MACD line crosses below the signal line, it could imply an additional short-term bearish setup.

What’s Next for Hyperliquid?

In summary, the Hyperliquid price pullback has introduced fresh uncertainty after weeks of bullish dominance. Key indicators like BBTrend, MACD, and trading volume all hint at slowing momentum, while RSI remains neutral but cautious. If HYPE manages to hold above the $16 support and regains bullish strength, another rally could be on the horizon. Otherwise, a deeper correction might be the next chapter in the ongoing Hyperliquid story. Keeping a close eye on Hyperliquid trading signals and carefully planning entries could be the difference between catching the next rally or getting caught in further downside. Whether you are a short-term trader or a long-term believer, the coming days for HYPE crypto analysis will be fascinating to watch.