On June 4, 2025, the HYPEHUSD pair on the 4-hour chart created a bearish flag pattern. A bearish flag pattern forms after a strong price drop, followed by a brief upward consolidation inside parallel, upward-sloping trendlines. This structure usually signals a continuation of the earlier downtrend once the price breaks below the lower trendline.
Currently, HYPEHUSD trades at $36.634. The pattern remains valid as long as the price stays inside the red parallel lines. If the price confirms a breakdown below the lower red trendline, it activates the bearish flag.
Once confirmed, the projected target sits 28 percent below the current price. That move would send HYPEHUSD down to approximately $26.46, as marked by the horizontal blue support line on the chart.
The 50-period Exponential Moving Average (EMA), which now stands at $34.484, acts as a dynamic support. Price remains slightly above this EMA, but momentum is weakening.
Additionally, the upward consolidation inside the flag shows shorter green candles and smaller body ranges. This signals exhaustion in the bullish recovery and increases the likelihood of a downward breakout.
If HYPEHUSD closes a 4-hour candle below the lower flag trendline and volume increases (though not shown in this chart), that would confirm the pattern and likely trigger a fast move toward the $26.46 zone.
HYPEHUSD RSI Signals Weak Momentum Ahead of Potential Breakdown
Meanwhile ,on June 4, 2025, the 4-hour Relative Strength Index (RSI) chart for HYPEHUSD showed early signs of weakening momentum. The RSI stood at 59.88, while the signal line printed slightly higher at 60.02. The indicator failed to push into the overbought zone, suggesting limited strength behind the recent recovery.
In late May, the RSI rebounded from near the 30 level, which often marks oversold conditions. By June, the indicator approached 60, reflecting a moderate shift in momentum. However, the failure to break above 70, combined with a flat signal line, indicates that buyers are losing pressure.
The Hyperliquid RSI remains in a neutral zone, but the lack of a higher high casts doubt on further upside. If the RSI reverses and closes below the 50 threshold, it may confirm a bearish divergence. This move would support the active bearish flag pattern seen on the HYPEHUSD price chart and increase the likelihood of a decline toward the projected target of $26.46.
HYPEHUSD MACD Flashes Early Bullish Signal
The 4-hour Moving Average Convergence Divergence (MACD) chart for HYPEHUSD showed early bullish signs. The MACD line (blue) stood at 0.911, crossing above the signal line (orange) at 0.790. The MACD histogram printed a positive bar of 0.121, indicating upward momentum.
The crossover occurred on June 2 after the MACD dipped to negative territory during the May 28–31 correction phase. Since then, the MACD histogram turned green and continued to rise until June 3. However, the histogram bars have begun to shrink, suggesting that bullish momentum may be losing strength.
Despite the crossover, the current trend reflects a softening in buying pressure. The gap between the MACD and signal line has narrowed, and unless the MACD makes a stronger push upward, this could become a failed breakout attempt.
If the histogram flips red and the MACD drops below the signal line, the pattern would confirm weakening momentum. That would align with the potential breakdown from the bearish flag formation seen on the HYPEHUSD price chart.
Hyperliquid BBTrend Turns Strongly Positive After Sustained Rally – June 4, 2025
The Bollinger Band Trend (BBTrend) indicator for HYPEUSDT shows strong bullish momentum. The latest value stands at 33.946, signaling one of the most sustained positive readings since April.
The chart highlights a clear shift from deeply negative values in March and early April—where BBTrend plunged below -70—into a steady rise that began in late April. After a brief dip near the end of April, the indicator reversed again and turned sharply positive in early May.
Throughout May and into June, the histogram bars grew consistently above zero, confirming sustained upward pressure in price action. The positive BBTrend suggests that buyers remain in control and that the trend continues to strengthen.
This upward movement in BBTrend aligns with broader bullish developments surrounding Hyperliquid, including the Binance US listing announcement. The persistence of green bars and increasing height shows no immediate sign of trend exhaustion as of this update.
Binance US to List Hyperliquid (HYPE) as Market Interest Grows
On June 2, 2025, Binance US confirmed plans to list Hyperliquid (HYPE) for spot trading. The announcement triggered strong interest from market participants and raised expectations for broader adoption of the decentralized exchange (DEX) token.
Although Binance US has not revealed the exact listing date, the confirmation alone sparked increased engagement from investors and traders. Hyperliquid, already gaining traction as a DEX, has drawn additional attention following recent high-leverage trades executed on the platform by James Wynn. Wynn reportedly exited a large HYPE position and opened a $100 million Bitcoin long trade with 40x leverage.
The recent interest also aligns with Hyperliquid’s growing revenue. According to DeFiLlama, the platform generated $64.3 million in May, up from $40.94 million in April. Its buyback and burn mechanism continues to reduce circulating supply, contributing to sustained interest in the token. For the past three months, Hyperliquid has ranked among the top decentralized protocols by revenue.
The listing news follows continued support from well-known industry voices. Arthur Hayes, co-founder of BitMEX, praised Wynn’s Bitcoin trade, calling it one of the most impactful marketing moments for any exchange.
Hayes, who holds HYPE, reiterated his positive outlook on Hyperliquid and emphasized its role in the evolving decentralized finance ecosystem.
