$HYPE back at October 10 levels on the daily chart
Price has returned to the ~$21.5K zone we saw on October 10, after a deep drawdown from the highs.
This is a key historical level: strong prior support turned resistance during the rally, and now it's acting as potential support again on the retest.
RSI in the low 40s — neutral, with room to run if buyers defend here. Volume is picking up on the bounce candles, which is a positive sign.If it holds and flips this level, we could see a push toward $25–$30+ again.
Rejection would likely send it back to test lower supports (~$18–$20).Watching for confirmation on the next daily close.
Classic retest setup — could be the turn if bulls step in hard.
#HYPE #Hyperliquid #Crypto #Trading