The total number of Open Positions of the Hyperliquid chain has been reached $11.07 billion On July 13, the 2026 high. HIP-3 markets or Hyperliquid Improvement Proposal 3 contributed to: $3.69 billionAnother entry reported Wu Blockchain in a post on X.
But just a few days ago, it was reported that the new Ethereum Layer-2 Robinhood Chain had surpassed Hyperliquid and BNB in daily speculative interest.
Viral memecoin launches like CashCat have helped boost Robinhood volume, and it’s unclear whether this massive volume can be sustained over shorter periods. memecoin speculation.
Hyperliquid is a proven product on the market. Will this be enough for price trends to improve in July?
Hyperliquid uptrend remains intact
There was an upward trending structure for HYPE. An upward continuation was established when the previous swing reached its highest level. $59,412 (green) It broke upwards in May. Since then, the altcoin has set a new record $76,955.
Using transport from $20.48 to $76.95a series of Fibonacci retracement levels (orange) are plotted. This showed that the coveted pocket of gold for swing traders and investors was in plain sight. $32.56-$42.05 area.
The gold pocket outlines the high probability trend resumption zone between two levels. 61.8%-78.6% withdrawal levels. Therefore, in the long term, a correction in this region should present an investment opportunity.
That being the case, HYPE is far from such a big pullback. CMF was up +0.05and OBV was climbing to show steady buying pressure. Meanwhile, the MACD signaled that the bullish momentum is waning.
Investors’ call to action – Respect the range
formation of a gap between $53.3 and $74.6 It has been in effect since the beginning of June. At the time of writing, the Hyperliquid token was trading below mid-level support. $64.
This pointed to a potential decline towards the lower end of the range. CMFs -0.14 The reading revealed heavy capital outflows. The MACD has formed a bearish crossover below the zero line to signal that downside momentum is gaining strength.
Swing traders can expect a decline $53-54 before considering purchasing. It is also possible: $60 The round number level may cause a jump in price.
This being the case, investors can wait for this range to be broken before starting to expect a correction towards this level. 32 dollars.
Final Summary
- Hyperliquid reached its highest Open Interest of 2026 on Monday. Robinhood Chain’s recent rise in daily speculative interest may not be enough to topple the leading DEX.
- HYPE price trends in the higher time frame were bullish. For now, the levels that swing traders should watch are $53.3 and $74.6.
