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.