Can Hype pay back $ 40 despite getting the profit of this whale?

• James Wynn received 126,116 Hype worth $ 4.23 million after a week of waiting, and it seems he will soon return to action.
• TVL Hyperliquida increased by 108% in the past month as Perps reached a record amount of trading of $ 248.3 billion in May.

James Wynn, a high -risk merchant, known for its great influences, withdrew 126.116.33634 Hyperliquid (Hype). The withdrawal was launched on May 26.

He funded his account and used delegates on May 9 and 12 to go to Hype for a long time, investing $ 3.13 million at an average price of $ 24.84 per token.

As the price increased to $ 32.72, Wynn came out with a $ 1 million profit, which indicated a 31.9%gain.

However, he also lost $ 5.6 million in just three days. It remains unclear whether to stay away or use this failure as an opportunity for new stores.

Wynn can decide to enter the market using a new strategy or wait aside to examine changes in the market and fresh developments, as he noted on his x (earlier Twitter).

“It was a fun ride. About $ 4 million in $ 100 million and then return to the total loss of an account of $ 17,500,000.”

He added,

“It’s time to get back to where I came from. The place that helped me put me today in a giant degenerate.”

Price prediction analysis

At the time of the press, Hype traded in the amount of $ 32.875, just above the fall he saw below the support of $ 31.00. Hipe’s price previously reached $ 40 before the fall.

In order for Hype to return $ 40, the mini -resistance zone in the amount of $ 35 should first be pierced.

A successful turn above this level could invite the momentum toward a $ 38.00 brand, and $ 40 was a final obstacle. In contrast, rejection from the current range and breaks below $ 31.00 can again test the $ 28.00 zone again or below.

In addition, MacD showed early signs of bull crossover, with a histogram for printing the strength of the bull and the MacD line curved upwards from –0.205.

However, the signal line remained at -0.427, which means that the certificate for Hype is still ongoing.

The moment could build, but only a lasting purchase could push the price above $ 35 and finally toward $ 40.

If you are buying weak and stables for prices, the lateral movement could stay between $ 31 and $ 35. Accordingly, the important layers to be observed are USD $ 31 as a support level and $ 40 as a major resistance to returning.

TVL and Dex volume

Meanwhile, during May, Hyperliquid testified to major engagement with 108% of the grip in the total value of a locked (TVL).

TVL is about $ 1.46 and the total Dex volume of $ 248.3 billion. Because the 10th is the largest chain, he showed that more merchants consider a hyperlikid network useful and valuable.

With $ 70.45 million generated fees, the use of the platform was strong, supporting token. If this trend continues, the price of Hype could continue to grow. However, if the network activity decreases, the market correction may follow.

Increasing TVL trading volumes is a positive sign for Hyperliquid. However, his future depends on the permanent interest of the users and the overall market effect.