Hyperliquid price remains bearish after rejecting from $27.39 resistance, with lower lows forming and $19.75 high-time-frame support now becoming the next major downside target.
Key Technical Points for Hyperliquid
- •Hyperliquid continues to print lower highs and lower lows, indicating a bearish market structure.
- •Rejection at the $27.39 level, which also represented the value area high (VAH), confirmed supply and weakness in the market.
- •A loss of the $22 swing low is now targeting the $19.75 high-time-frame support level.
Hyperliquid (HYPE) price continues to show persistent weakness as price action remains locked in a broader bearish market structure. The chart is still printing consecutive lower lows and lower highs, signaling that sellers remain in control and downside continuation remains the dominant trend.
This bearish continuation intensified after Hyperliquid failed to hold above the value area high and rejected from major high-time-frame resistance near $27.39. That rejection acted as a structural turning point, triggering a deeper corrective move that pushed price back below key value levels.
Technical Analysis of Hyperliquid Price
- •Hyperliquid remains in a bearish trend, characterized by lower highs and lower lows.
- •The rejection near the $27.39 resistance, which coincided with the value area high, confirmed downside weakness.
- •A confirmed break below the $22 swing low is expected to open continuation toward the $19.75 support level.
Hyperliquid’s bearish momentum accelerated after price rejected from the $27.39 high-time-frame resistance, which aligned with the value area high region. This rejection is important because it signaled a failed attempt to reclaim higher value. In stronger markets, reclaiming value area high often leads to expansion into higher levels. In weaker markets, failure at VAH typically results in sharp rotation back into the range and continued downside pressure.
In Hyperliquid’s case, price briefly attempted to push higher but could not hold above resistance. This rejection confirmed that demand was insufficient at premium pricing and that sellers were actively defending the level. Once this failed breakout occurred, price rotated lower and began accelerating back into bearish continuation.
This behavior is a common feature of bearish structure: price attempts to rally, fails at resistance, and then continues printing new lows as buyers remain unable to reclaim key value zones.
$19.75 High-Time-Frame Support Emerges as Key Level
If the $22 level breaks, the next major downside target becomes $19.75, which represents a high-time-frame support zone and the lower boundary of the broader trading range.
This is an important level because major support zones often produce at least a temporary reaction. Even in strong downtrends, price commonly pauses or rebounds briefly at high-time-frame supports due to profit-taking and short-covering activity.
However, if bearish momentum remains strong and volume expands on the breakdown, the $19.75 level could be tested aggressively. The reaction at that zone will be critical for determining whether Hyperliquid forms a base or continues deeper into bearish expansion.
A bounce from $19.75 would suggest the range is still respected and that price may attempt stabilization. A breakdown below $19.75 would signal a deeper structural failure and increase the probability of further downside.
Analysis of Bearish Market Structure
The reason this bearish scenario remains dominant is because Hyperliquid has not shifted structure. The chart continues to show:
- •Lower highs, indicating failed rallies.
- •Lower lows, signifying downtrend continuation.
- •Rejection from premium value, suggesting supply control.
- •Breakdown below value support zones, indicating weak acceptance.
Until Hyperliquid can reclaim key resistance zones and build higher lows, the market remains bearish by structure. Even if price stabilizes temporarily, the overall framework still favors downside continuation unless the structure flips.
Outlook for Coming Price Action
Hyperliquid remains in a bearish trend, and price action continues to point lower as long as it remains capped beneath resistance and holds below the value area low. The $22 swing low is the next key level to monitor, as a confirmed breakdown would likely accelerate the move toward $19.75 high-time-frame support.
For any bullish reversal scenario to develop, Hyperliquid would need to reclaim major resistance levels and break the lower-high pattern. Until that happens, sellers remain in control and downside targets remain active.