HYPEUSD Hyperliquid USD Drops 3.40% as Monthly Target of $21.77 Approaches
HYPEUSD Hyperliquid USD is experiencing notable downward pressure on January 11, 2026, with a 3.40% daily decline bringing the token to $24.028. The cryptocurrency has retreated from its day high of $25.076, signaling weakening momentum in the short term. Market participants are closely watching whether HYPEUSD can stabilize above key support levels or if selling pressure will intensify further. Understanding the technical backdrop and market dynamics behind this move is essential for tracking this large-cap crypto asset’s near-term trajectory.
Why Is HYPEUSD Hyperliquid USD Dropping Today?
The 3.40% daily decline in HYPEUSD reflects broader market sentiment shifts and technical weakness. Volume remains subdued at 93 million, well below the 30-day average of 431 million, indicating reduced participation from buyers. The token has fallen from its 50-day moving average of $28.72, suggesting intermediate-term selling pressure. Price action below the 200-day average of $39.95 confirms a longer-term downtrend remains intact.
Market data shows HYPEUSD trading near its day low of $23.791, just above critical support. The year-to-date performance of +52.13% masks recent weakness, as the token has surrendered gains from its $25.07 open. Liquidations and profit-taking from earlier rallies may be contributing to today’s decline, as traders reassess positions ahead of the monthly close.
HYPEUSD Hyperliquid USD Technical Analysis
The RSI at 48.50 sits in neutral territory, neither overbought nor oversold, suggesting the selling pressure is balanced but not extreme. The MACD at -1.82 with a signal line of -2.48 shows a bearish crossover, confirming downside momentum in the short term. The ADX at 37.13 indicates a strong trend is in place, meaning the current downward move has conviction behind it.
Bollinger Bands reveal HYPEUSD trading between the upper band at $29.29 and lower band at $22.33, with the price closer to the lower boundary. This positioning suggests the token is testing the lower volatility envelope, a level that historically attracts buying interest. The Stochastic %K at 69.09 shows overbought conditions on the oscillator, though the %D at 50.12 is moderating, hinting that momentum may be peaking. Support levels to watch include the $22.33 Bollinger Band lower and the $23.79 day low.
HYPEUSD Price Forecast and Monthly Target
The monthly forecast for HYPEUSD stands at $21.77, representing a -9.35% decline from the current price of $24.028. This target suggests further downside is possible if selling pressure persists and support breaks. A move to this level would test psychological and technical support zones that have historically seen reversal activity.
The quarterly forecast of $56.62 implies a +135.4% rally from current levels, signaling potential recovery strength in the medium term. The yearly forecast reaches $59.65, suggesting HYPEUSD could reclaim losses and establish new highs by year-end 2026. These divergent targets reflect the volatile nature of crypto markets, where short-term weakness often precedes longer-term strength. The gap between monthly and quarterly forecasts highlights the importance of monitoring support levels closely.
Market Sentiment and Trading Activity for HYPEUSD
Trading volume at 93 million is significantly below the 431 million average, indicating reduced conviction in either direction. This low-volume decline suggests the selling may be driven by profit-taking rather than panic liquidations. The Money Flow Index at 57.67 shows moderate buying pressure despite the price decline, a potential bullish divergence.
Liquidation data reveals that short positions are being closed as price falls, reducing downside momentum. The On-Balance Volume at -7.1 billion reflects cumulative selling pressure, though the magnitude suggests institutional participation remains measured. Market sentiment appears cautious rather than capitulative, with traders waiting for clearer directional signals before committing fresh capital. The Relative Volume at 0.454 confirms below-average participation, typical of consolidation phases before major moves.
Support and Resistance Levels for HYPEUSD Hyperliquid USD
The $22.33 Bollinger Band lower represents the first critical support zone where buyers have historically stepped in. A break below this level would open the door to the $21.77 monthly forecast target, a psychologically significant level. The $23.79 day low serves as an intraday support that, if broken, could accelerate selling toward the monthly target.
On the upside, the $25.08 day high and $28.72 50-day moving average act as resistance barriers. A recovery above $28.72 would signal a reversal of the intermediate-term downtrend and potentially attract fresh buying. The $29.29 Bollinger Band upper represents the upper volatility boundary, a level that would require significant bullish momentum to reach. Traders should monitor these levels closely as they define the near-term trading range for HYPEUSD.
Final Thoughts
HYPEUSD Hyperliquid USD is navigating a challenging technical environment on January 11, 2026, with a 3.40% daily decline testing key support levels. The monthly forecast of $21.77 suggests further downside is possible, though the quarterly target of $56.62 indicates potential recovery strength ahead. Technical indicators show a strong downtrend with the ADX at 37.13, while the RSI at 48.50 remains neutral, leaving room for either direction. Volume weakness and moderate liquidation activity suggest the current decline is driven by profit-taking rather than panic selling. The $22.33 Bollinger Band lower and $23.79 day low are critical support zones to monitor. For traders tracking HYPEUSD, the divergence between short-term weakness and longer-term bullish forecasts highlights the importance of disciplined risk management. Market data shows this consolidation phase could precede a significant move, making it essential to watch support and resistance levels closely as the month progresses.
FAQs
HYPEUSD fell **3.40%** due to reduced trading volume and profit-taking from earlier rallies. The token traded below its 50-day moving average of **$28.72**, signaling weakening intermediate-term momentum. Technical weakness with the **MACD at -1.82** and strong downtrend (**ADX 37.13**) contributed to the decline.
The monthly forecast for HYPEUSD is **$21.77**, representing a **-9.35%** move from current levels. This target suggests further downside if support at **$22.33** breaks. However, the quarterly forecast of **$56.62** indicates potential recovery strength in the medium term.
The **$22.33 Bollinger Band lower** is the primary support zone. The **$23.79 day low** serves as intraday support. A break below these levels could accelerate selling toward the **$21.77 monthly target**. The **50-day moving average at $28.72** acts as intermediate resistance.
The **RSI at 48.50** indicates neutral conditions, neither oversold nor overbought. However, the **Stochastic %K at 69.09** shows overbought oscillator readings, suggesting momentum may be peaking. This divergence indicates caution before expecting a reversal.
The yearly forecast for HYPEUSD is **$59.65**, implying a **+148%** rally from current levels by end of 2026. This contrasts sharply with the monthly target of **$21.77**, highlighting the volatile nature of crypto markets and potential recovery strength ahead.
Disclaimer:
Cryptocurrency markets are highly volatile. This content is for informational purposes only. The Forecast Prediction Model is provided for informational purposes only and should not be considered financial advice. Meyka AI PTY LTD provides market data and sentiment analysis, not financial advice. Always do your own research and consider consulting a licensed financial advisor before making investment decisions.
