<ul data-eligibleForWebStory="true"><li>Hyperliquid's price found support at $32, but sellers are active.</li><li>Key support levels are at $35 and $32, while key resistance levels are at $37, $42, and $46.</li><li>The price had a strong bounce off the key support level at $32, with buyers trying to confirm $37 as a new support.</li><li>If $37 support is lost, buyers might retreat to $35 and $32.</li><li>The correction in price may not be over if sellers manage to halt the price at $37, indicating a potential downtrend continuation.</li><li>Buyers need to defend $32 and create a higher low to facilitate a major price reversal.</li><li>Buyers are showing signs of returning as the daily MACD histogram is making higher lows, suggesting potential buyer momentum.</li><li>However, it is still early to confirm a price reversal as the MACD moving averages remain bearish.</li><li>It is best to allow more time for the price to establish a bottom in the current conditions.</li></ul>

3 Things to Watch in Hyperliquid’s Price Today

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