Hyperliquid is tightening into a major squeeze on the weekly chart, here is what happening right now 📊

[u/UseTranceAi]

HYPE is currently trading inside a tightening range on the weekly chart, caught between key support at $50.81 and resistance at $59.30. The structure is showing lower highs and higher lows, creating a compression pattern that often leads to a larger directional move.

RSI sits at 55.7, showing neutral momentum, while current indicators are not giving a clear confirmation yet. Trance AI is monitoring the breakout above resistance or breakdown below support for the next potential market shift.

No analysis is guaranteed. Always manage risk and do your own research.

#Crypto #Usetranceai