Analysts are eyeing a $100 price target for Hyperliquid (HYPE) due to strong technical support levels and growing momentum.
Hyperliquid's technical outlook shows key support levels around $39.10 to $38.22, with potential upside resistance at $41 to $42.
Hyperliquid's total value locked (TVL) surged 108% to $1.46 billion, propelling it into the top 10 DeFi chains with significant potential for capital efficiency.
Despite broader market weakness, Hyperliquid is in price discovery mode aiming for $100, outperforming Bitcoin with a 50.9% year-to-date gain.