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Hyperliquid Nears All-Time High as Bullish Momentum Builds
Hyperliquid Nears All-Time High as Bullish Momentum Builds
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BTCCSquare news:
Hyperliquid (HYPE) stands poised for a potential breakout as its price consolidates just below the $49.86 all-time high. The cryptocurrency has maintained a robust bullish structure, with higher highs and higher lows defining its recent trajectory.
Critical support at $42.24—formerly a resistance level—has now solidified as a demand zone. This technical flip, coupled with rising trading volume, suggests accumulating buyer interest at elevated price levels.
The market structure remains decidedly bullish, with each pullback finding support at progressively higher levels. A decisive break above $49.86 WOULD open the path for uncharted price discovery territory.
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