||Alpha Hydri is southwest of Achernar (alpha Eridani), which is just out of the same field of view: binoculars.
The star is the head of the Lesser Water Snake, high above the body. In fact the asterism reminds one more of a cobra.
Two telescopic binaries are in this binocular field, h3435 and h3475:
Place alpha Hydri at the southern edge of your glasses. One binocular field south-southeast is a tight group of stars. In the centre of your field of view is pi1 and pi2, an optical binary of similar stars (5.6, 5.7) with different colours, red and orange: binoculars.
The other two major stars, beta and gamma, are farther to the south, both being isolated in their regions and quickly spotted with the naked eye: gamma Hydri is eight degrees to the southeast of this small group while beta is ten degrees to the southwest. The Small Magellanic Cloud, in neighbouring Tucana, is just four degrees north of beta Hydri.