HYPE Price Faces $52 Test as Analysts Warn of a Deeper Pullback

TLDR: HYPE price faces immediate downside pressure near $55, with a $14.2 million liquidation cluster creating significant risk around the $52.38 support level. Analysts identify targets ranging from $50 to the high $40s, while Ryker presents a more bearish scenario involving a possible decline toward $32. Hyperliquid generated about $169 million in quarterly protocol revenue [...]

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