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HYPE: Pentosh1 Revises to Above $70 Weekly Close | Flash News Detail | Blockchain.News
Latest Update
6/5/2026 5:58:00 PM

HYPE: Pentosh1 Revises to Above $70 Weekly Close

HYPE: Pentosh1 Revises to Above $70 Weekly Close

HYPE trades at $57.71 with bearish EMA structure while @Pentosh1 updates Hyperliquid call to close above $70 this week.

Source

Analysis

HYPE drew fresh attention after @Pentosh1 flipped his weekly target on Hyperliquid, now expecting a close above $70 despite overnight stink bids.

Price sits at $57.71 inside the Bollinger band with lower support at $57.19 while the 50-EMA at $66.37 caps upside and the 200-EMA at $56.41 offers immediate floor; the death-cross MACD at -2.7 keeps the structure bearish yet RSI at 27.89 flashes oversold, opening room for a relief bounce into the $66 zone before any sustained push toward the $70 handle that HYPE price prediction models now debate.


Pentoshi

@Pentosh1

Builder at Beam and Sophon, advancing decentralized technology solutions.