Hyperliquid (HYPE) Pulls Back 8.5% From $64.72 ATH as Fibonacci Levels Come Into Focus

Hyperliquid's HYPE retraced 8.5% from its $64.72 all-time high and was trading near $56.49 on 28 May 2026. Daily RSI eased from 78 to 62, staying above 50, while a price-vs-RSI divergence appeared at the top. Key Fibonacci areas highlighted include 0.236 as the first support, with a stronger confluence zone around $45–$48 where the 0.382 level aligns with the 50-day SMA.