HYPERUSDT Market Overview – 2025-10-05

• HYPERUSDT rose to 0.2805 before retracing to close near 0.2739
• Strong volume spike observed during midday ET with a clear price-volume divergence
• RSI remains in neutral territory, suggesting no immediate overbought/oversold signal
• Price appears to be consolidating around the 0.274–0.276 support/resistance corridor

Hyperlane/Tether (HYPERUSDT) opened at 0.2717 on 2025-10-04 at 12:00 ET, reached a high of 0.2805, and closed at 0.2739 at 12:00 ET on 2025-10-05. The 24-hour volume was 6,195,736.4 and turnover totaled 1,672.35, indicating active but fragmented trading across the session.

On the 15-minute chart, HYPERUSDT showed a notable upward thrust in the early hours of the morning, reaching a high of 0.2805. This was followed by a consolidation phase with alternating bullish and bearish momentum. Key support levels appear to be forming around 0.274–0.276, with bearish rejection observed at 0.2775. A bullish engulfing pattern emerged during the 03:45–04:00 ET period, suggesting a temporary reversal from a downward trend.

The 20-period and 50-period moving averages on the 15-minute chart crossed during the midday session, indicating potential short-term momentum shifts. RSI remained within the 50–60 range throughout the session, suggesting a neutral market mood. MACD showed a mixed divergence, with price peaking higher than the MACD line during the morning push, hinting at potential bearish exhaustion. Bollinger Bands expanded during the 05:00–08:00 ET period, indicating increased volatility and suggesting a period of trend consolidation.

Volume spiked sharply during the midday session, but price action did not confirm a strong directional bias. A volume divergence was observed as prices moved lower in the afternoon despite higher turnover, suggesting increased selling pressure. Fibonacci retracement levels of 61.8% (0.2768) and 38.2% (0.2795) coincided with key swing points, indicating a possible short-term reversal or continuation pattern.

Looking ahead, HYPERUSDT may test its key support at 0.274 before potentially breaking to the upside if a clear bullish breakout forms. However, investors should remain cautious as price-volume divergence and fragmented momentum could lead to further consolidation or a pullback.

Backtest Hypothesis: The backtesting strategy involves entering long positions at 0.274 and setting a tight stop loss below 0.272, with a target at 0.277. This aligns with the observed Fibonacci retracement and the bearish reversal patterns seen in the 15-minute timeframe. Given the current market conditions, this strategy may perform well if the 20-period MA continues to act as dynamic support and if RSI remains above 50. However, the strategy should be backtested using at least 100 candles to account for volatility and divergence risks.