Hyperliquid Defies Gravity: Surging Volume Signals Imminent Breakout

Hyperliquid clings to critical support like a trader to their last stablecoin—while a sudden volume spike hints the dam might break soon.

Technical Tension Mounts

The perpetual swaps platform’s token flirts with make-or-break levels, teasing bulls with consolidation just above the danger zone. Meanwhile, spot volumes erupt—because nothing gets degens clicking faster than the scent of volatility.

Liquidity Hunt Begins

Market makers circle like vultures, knowing retail FOMO could trigger liquidity grabs in either direction. Watch for fakeouts—this market eats overleveraged dreams for breakfast.

If Hyperliquid punches through resistance, the short squeeze could be brutal. Fail? Well... at least the VC unlock schedule gives everyone something to blame besides their own trading skills.

Key technical points

• $29.20 High Time Frame Support Zone: Confluence of VWAP, 0.618 Fibonacci, and value area high make this level a strong foundation for bullish continuation.
• 34% Breakout Potential: If support holds, a measured move targets $39.10, representing a 34% price increase.
• Volume Spike Confirms Breakout: A surge in volume after breaching $29.20 solidifies the breakout. Continued volume is critical for trend continuation.

Since establishing a swing low, Hyperliquid coin has been printing a clear bullish structure with higher highs and higher lows. The most recent MOVE saw price travel through the value area low, reclaim the point of control, and then tap the value area high—before settling into a clean retest of the $29.20 support level. This is now acting as a base for the next leg higher.

What’s occurring now is a classic technical retest. Price has come back to confirm the breakout level with elevated volume, which is above average relative to recent sessions.

This confirms demand interest and gives further credibility to the breakout. If volume remains consistent or increases, the probability of a sustained move toward higher resistance zones dramatically improves.

Hyperliquid coin’s ability to outperform the broader market during correction phases is another bullish signal. When assets lead on strength while others pull back, they often become the first to break out once market-wide sentiment shifts. The structural integrity of this setup is clean and technically valid, and momentum appears ready to resume, pending continued volume flow.

What to expect in the coming price action

If Hyperliquid coin holds above $29.20 with sustained volume, the bullish structure remains intact. Expect a rotation toward the $39 region, a 34% move from current levels.

Failure to hold the level WOULD require re-evaluation, but for now, technicals strongly favor continuation to the upside.