Hyperliquid Price May Plummet if $87 Resistance Holds

The price of Hyperliquid (HYPE) may be influenced by its inability to break above $87 resistance, which could lead to further declines towards $60 or even $50.

A crucial support zone was lost after HYPE rebounded toward $87 before reversing sharply and falling to around $78.50, weakening its short-term structure and suggesting sellers are gaining control over momentum.

The loss of $82 has weakened the token's price structure, and what was previously a level of support at $82 could now become resistance for any retracement attempt.