Hyperliquid: Bouncing Off Support But EMAs Remain The WallHyperliquid, as measured by Hyperliquid Strategies Inc (NASDAQ:PURR), bounced 2% after tagging the $56 to $58 demand zone, a key support band being tested for the first time since the June rally. Crypto analyst ALTF4 noted on X that Hyperliquid’s growth has moved beyond trading volume into market structure, with roughly $194 billion in 30-day perpetual volume, $11.5 billion in open interest, and non-crypto markets including equities, FX, and commodities now trading on the same venue. The chart, though, requires patience. The 20-day EMA at $62.56 and 50-day EMA at $62.31 are converging just above current price, forming a dense resistance cluster that needs to flip to support before the setup carries conviction.Key levels for HYPE:
$56 to $58 — Demand zone support; losing this exposes $52
$62.31 to $62.56 — EMA cluster, the resistance wall to reclaim
$76 — Chart projection target on a confirmed EMA reclaim
Uniswap: Cup and Handle Breakout with Supertrend ConfirmationUniswap (CRYPTO: UNI) surges to $3.8, completing a textbook cup and handle breakout. The cup formed from May through June, the handle consolidated through early July, and price has now cleared the breakout level with conviction. The Supertrend indicator flipped green at $3.23, adding trend confirmation to the pattern.Price now sits above all four major EMAs and is challenging the 200-day EMA at $3.9 as the final overhead barrier before open air. The cup and handle measured move targets $4.80 to $5 on continuation.Key levels for UNI:
