Hyperliquid Correction Exposed, $16.6-$22.5 Range To Be Tested

After a strong rise there is always a strong correction and I will call this normal market behavior.

Hyperliquid entered the TOP20 altcoins by market capitalization and now sits at #11. Amazing feat.

In a matter of 65 days, between 7-April and 11-June, HYPEUSDT grew a very nice 373%.

A correction can take prices back below the 0.618-0.786 Fib. retracement support range. Which means between $16.7 and $22.5.

As usual, after the bearish wave is over, we can expect a new wave of growth. This one should unravel fast.

Thank you for reading and for your continued support.

Additional details can be found on the chart.

Namaste.