Hyperliquid rebounds from $75 as traders watch $83 resistance

Hyperliquid’s HYPE token gained 1.9% over the past 24 hours after reaching a support area around $77, offering buyers a possible opportunity to halt a correction that began in late September. The level also supported HYPE in mid-September, before the token climbed to a record high. Its latest bounce suggests buyers are again responding near that price, although a sustained recovery has yet to be confirmed. The immediate test lies at $83. A move above that level would improve the short-term technical picture and could bring a higher target near $89 into focus.