Hyperliquid HYPE targets $38 after 19.73% rebound, key Fib support sits near $27

Hyperliquid's HYPE token bounced 19.73% from a low of $25.63 on Monday, 23 February, keeping its broader market structure bullish. Analysts expect a pullback toward the $27.27–$28.17 Fibonacci golden pocket to offer a potential entry, with upside levels at $38 and $42 while a drop below $26.1 could negate the short-term bullish view.