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Hyperliquid (HYPE) Price Prediction: Breakout Above $42 Fuels $60 Target After Bybit Listing Boost

  • Hyperliquid (HYPE) is gaining momentum to challenge its all-time highs, fueled by a recent Bybit listing boosting visibility and access for retail traders.
  • Technical analysis indicates a breakout above key resistance levels, with a potential price target of $60 if HYPE maintains support above $42.
  • Despite the price increase, funding rates for HYPE remain affordable, signaling healthy market sentiment and the potential for further growth.
  • Smart money is flowing into Hyperliquid, with significant deposits and buy orders placed, suggesting growing confidence in the project as technical indicators point towards a $50 target.

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