Market Overview: HYPERUSDT on 2025-08-26

• HYPERUSDT traded lower overnight but reversed higher with bullish momentum in the last 6 hours.
• Key support at 0.293–0.297 tested repeatedly, with a potential bullish engulfing forming near 0.296.
• Volatility surged after 04:00 ET, with a 15-minute range of 0.296–0.3008 and increasing volume on the long side.
• RSI remains in mid-range, but MACD flipped to positive with a bullish crossover suggesting short-term momentum.
• Bollinger Bands have expanded, reflecting increased market interest and potential for continuation.

Hyperlane’s HYPERUSDT pair opened at 0.2965 on 2025-08-25 at 12:00 ET, reached a high of 0.3173, a low of 0.2908, and closed at 0.3122 by 12:00 ET on 2025-08-26. Total trading volume reached approximately 9.6 million USD, with a notional turnover of ~2.97 billion USD over the 24-hour period.

Structure & Formations

HYPERUSDT broke below 0.297 during the overnight session, forming a bearish flag before reversing sharply after 04:00 ET. A series of bullish engulfing patterns developed between 0.296 and 0.3008, suggesting a short-term reversal. Key support levels were identified at 0.293 (38.2% Fib) and 0.297 (61.8% Fib), both of which were tested multiple times.

Moving Averages

On the 15-minute chart, the 20-period and 50-period SMAs show a sharp upward crossover, reinforcing the recent bullish momentum. Daily 50/100/200 EMA levels remain in a mixed configuration, indicating that while short-term sentiment is positive, long-term positioning remains uncertain.

MACD & RSI

MACD turned positive around 04:00 ET, with a bullish crossover forming as buying pressure increased. RSI rose to the mid-50s and remains in constructive territory, suggesting that overbought conditions have not yet been reached. The divergence between price and RSI remains negligible, indicating that momentum is still in sync with price.

Bollinger Bands

Bollinger Bands contracted overnight before expanding sharply during the morning session, reflecting increased volatility. Price action has remained above the middle band since 06:00 ET, signaling a potential continuation of the upward move.

Volume & Turnover

Volume spiked above 600k USD between 06:00 and 09:00 ET, coinciding with the initial rebound. Turnover increased in tandem, with no significant divergence observed. The most recent hourly session saw volume peak at ~650k USD and turnover above 200 million USD, confirming renewed buying interest.

Fibonacci Retracements

Applying Fibonacci to the key overnight low (0.2908) and the subsequent high (0.3173), HYPERUSDT has reached the 78.6% retracement level at ~0.312. The next potential target is the 88.6% level at 0.3145, followed by a test of the 0.3173 high.

HYPERUSDT appears to be consolidating bullish momentum following a sharp recovery from key support levels. While the immediate trend favors longs, investors should remain cautious of potential pullbacks to the 0.308–0.310 zone. A break above 0.3145 could signal a resumption of the upward trend, but volatility remains elevated and could lead to rapid corrections if sentiment shifts.