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Hyperliquid (HYPE) Hits Fresh Highs: Local Accumulation Trend Points to Next Feasible Target

Hyperliquid (HYPE) Hits Fresh Highs: Local Accumulation Trend Points to Next Feasible Target

Author:
Bitcoinist
Published:
2026-03-16 21:00:17
12
3

Hyperliquid (HYPE) is flashing a critical technical warning after surging to its highest level since November 2025, with chart analysis now signaling a potential 10% correction is imminent. The breakout, driven by a local accumulation trend identified by analyst @ArdinNSC, has cleared multiple resistance levels, but the market's ability to extend gains toward the next target is now in serious doubt as momentum falters.

Accumulation Curve Structure Drives Breakout Momentum

The chart posted by Ardin highlights a clear local accumulation curve that developed over several weeks. Instead of reversing sharply, Hyperliquid (HYPE) formed a rounded structure where price gradually transitioned from decline into recovery. This curved formation reflected a prolonged phase where buyers steadily absorbed supply, allowing the market to stabilize before advancing.

As the accumulation process matured, HYPE’s price began pushing into higher levels that had previously acted as resistance. The first notable level sat near $36.50. Once this barrier was cleared, the upward move accelerated toward the next target positioned around $38.50.

Both levels were taken out within a short period, confirming that the earlier consolidation phase had evolved into a stronger expansion move. The breakout also coincided with price following the upward arc of the accumulation curve, reinforcing the idea that the structure served as a base for continuation rather than a temporary rebound.

With these resistance levels now behind the market, the chart shows Hyperliquid (HYPE) trading above them, effectively transforming former barriers into areas that could now support price during any short-term pullbacks.

Hyperliquid (HYPE) Retest Zone Holds Key To $40 Target

With the initial targets already reached, attention has shifted to whether Hyperliquid (HYPE) can sustain its position above newly reclaimed levels. The chart outlines a highlighted retest zone slightly below the current price, marking an area where the market may revisit if momentum cools.

Hyperliquid

This region sits around the mid $34 range and represents the zone where earlier resistance could now act as support. In technical market behavior, such retests often serve as confirmation that a breakout is structurally sound.

If the market maintains stability above this support area, Hyperliquid’s (HYPE) accumulation curve suggests the trend may still have room to extend higher. Under this scenario, the next feasible upside objective identified in the analysis appears near the $40 level and potentially beyond.

At the same time, the chart outlines a secondary path for Hyperliquid (HYPE) if the market weakens. Losing the $36.50 level could trigger a move back toward a support zone around $34 to $35, where the chart suggests price may return for a structural retest if $36.50 fails.

For now, the structure remains centered on whether price can hold above recently reclaimed levels. Maintaining that footing keeps Hyperliquid’s (HYPE) pathway toward a $40 target aligned with the continuation structure that emerged from the earlier accumulation trend.

Hyperliquid price chart from Tradingview.com

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