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Hyperliquid (HYPE) Breaks Triangle, Eyes $45.20 Short-Term Rally

  • Hyperliquid (HYPE) surged to $39.78 following a triangle breakout, targeting $45.20 with a 14.2% upside potential.
  • Trading volume spiked by 24.11% to $172.92 million, confirming investor confidence and bullish price momentum.
  • Analysts anticipate a breakout above the $40–$41 region, supported by rising Total Value Locked (TVL) and the 200 EMA.
  • The breakout from a symmetric triangle formation above the 200 EMA has generated interest, with analysts eyeing a move to $45.20. The volume increase supports the bullish case for Hyperliquid.

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