Hyperliquid (HYPE) surges to new highs after breaking key resistance
Hyperliquid (HYPE) has hit new highs for the first time since last November. Recent chart analysis reveals a developing continuation pattern, driven by an earlier accumulation trend. This breakout momentum has pushed the price above key resistance levels. The latest analysis by @ArdinNSC highlights a continuation structure forming in HYPE’s price movement. This follows a period of accumulation that fuelled the recent upward push. As resistance levels fell, they turned into potential support zones.
HYPE has now cleared multiple upside targets, including $36.50 and $38.50. The focus now is on whether the price can stay above these recently reclaimed levels. Holding this position keeps the path open toward a $40 target.
A drop below $36.50 could reverse the trend, sending HYPE back toward a support zone between $34 and $35. Analysts have also marked the mid-$34 range as a critical retest area if the price weakens. The next key level for HYPE remains $40, provided it maintains its current footing. A failure to hold above $36.50 would shift attention to lower support zones. The continuation structure’s strength now depends on sustaining these reclaimed price levels.
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