Hyperliquid Price Correction Targets $70-$75 Ahead of Potential $90 Test

Hyperliquid (HYPE) has been undergoing a technical reset after reaching a record high near $89.60 on September 6 and climbing roughly 60% from its late-August levels.

The subsequent rejection has pushed HYPE toward the $77-$80 area, placing the next support zone under close watch.

Several technical analyses are now highlighting the $70-$75 region as a potential retracement area. The zone combines previously identified support with Fibonacci levels from the recent advance.

If buyers defend that area, the current correction could eventually give way to another attempt at the $88-$90 resistance band.