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Hyperliquid Price Rally Stalls Near $35 — Can February Trigger a New All-Time High?

Hyperliquid Price Rally Stalls Near $35 — Can February Trigger a New All-Time High?

Author:

Global Cryptocurrency

Published:

2026-01-28 17:56:02

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BTCCSquare news:

Hyperliquid's price recovery from $20 lows has drawn significant market attention, with trading volume surging to nearly $1 billion this week. The rally stalled at a critical resistance zone between $34.85 and $35.84, suggesting a temporary profit-taking phase rather than a trend reversal.

Technical indicators reveal a bullish double-bottom breakout, with the 25% surge following the pattern's neckline clearance. Market structure shows no strong supply zones above current levels, while the CMF's bullish reversal signals accumulating buying pressure. $30 now emerges as a key support level for the next leg upward.

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