Is Hyperliquid (HYPE) Price in Trouble? Analyst Warns of Bearish Pattern Despite OKX Listing
Hyperliquid just got a major boost: it’s now officially listed on OKX Spot. That kind of listing typically sends price higher, and traders were expecting excitement to follow.
But instead of a breakout, a well-known crypto analyst says there may be a warning sign forming on the chart.
Crypto expert Ali suggests HYPE price is building a head and shoulders pattern – one of the most well-recognized bearish reversal signals. If that structure plays out completely, he believes the price could be heading a lot lower from here.
So let’s take a closer look at what the chart is showing.
What you'll learn 👉
HYPE Chart Technical Analysis
The chart outlines the full structure: a left shoulder, a higher peak as the head, and now a right shoulder trying to form. Beneath it, the horizontal support acts as the neckline – the level that must hold to avoid deeper losses.
Right now, the Hyperliquid price is hovering dangerously close to that neckline. If HYPE falls below it with strong momentum, the bearish pattern would be considered confirmed.
That’s where things become risky for bulls.
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Moreover, Ali’s chart suggests a potential move into the low $20 range if confirmation happens. That would be a significant retracement from current prices. The dotted price path he draws shows a stair-step pattern downward, indicating the decline may come in sharp waves rather than a slow slide.
This doesn’t mean HYPE price is guaranteed to drop. It’s simply a technical warning: buyers must step in soon, or sellers gain full control.
OKX Listing Helps Sentiment – But It Must Translate Into Price Strength
The timing adds an interesting twist. A fresh OKX listing often brings more liquidity, more attention, and more buyers. That can sometimes break bearish setups before they complete.
But so far, HYPE hasn’t seen the typical listing surge. The chart still looks heavy. That means traders will now pay close attention to how the HYPE price reacts around the neckline. If it bounces there, sentiment could flip bullish again quickly.
🚨JUST IN: $HYPE is NOW LISTED on OKX Spot. pic.twitter.com/Lu1WGhuwwp
— Coin Bureau (@coinbureau) November 3, 2025
What Happens Next For Hyperliquid?
Hyperliquid is one of the fastest-growing ecosystems in the on-chain trading world, and HYPE still has strong support from its community. But charts move on psychology, and right now the market hasn’t fully chosen a direction.
Break below the neckline → The bearish pattern takes over, and the move toward $20 becomes more likely.
Hyperliquid price holds this support and rebound → OKX could become the catalyst that shuts the bearish setup down.
Either way, the next decisive move seems close.
HYPE holders should be watching the chart closely – because what happens at this one level will determine whether this is just a temporary correction or the beginning of a much deeper drop.
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