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Hyperliquid Breaks Key Resistance, Eyes 41% Upside to $29

Hyperliquid Breaks Key Resistance, Eyes 41% Upside to $29

Published:
2025-05-08 19:34:02
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HyperLiquid’s HYPE token has decisively flipped the $20 resistance level into support, confirming bullish control. The breakout follows a pattern of higher lows and higher highs, with technicals suggesting potential for a 41% advance toward $29.

The $20 level now serves as a confluence zone, reinforced by its alignment with the 0.618 Fibonacci retracement. This technical foundation could propel further gains if the support holds during retests.

|Square

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