Hyperliquid price prediction: Whats next as HYPE bulls target $77 resistance?
Hyperliquid [$HYPE] has been consolidating on an ascending triangle pattern since its debut on Coinbase back on the 5th of February. The token managed to break out back on the 20th of May and rallied explosively to $75 before retracing and bouncing off explosively from the triangle support at $53. As a result, it left behind a market imbalance between $57 and $63. As of this writing, $HYPE was testing the imbalance zone after an aggressive correction. This occurred since it swept the liquidity at the $75 resistance level. The token is now building some bullish momentum, with the next target in line being the $77 resistance zone. Source: TradingViewWhy are traders watching $77? The Hyperliquid network‘s trading activity is notably aligning with $HYPE’s bullish technical structure. Trading volume has made a significant surge over the last four days, highlighting that investors were taking on more long positions to capitalize on the projected surge back to the point of liquidity at $77. Source: SantimentLiquidity cluster at $77 affirms it as a key target Zooming down to $HYPEs liquidation heatmap data, several significant liquidity clusters summing to $10 million rest at around $77 resistance. These clusters support the price level as a crucial point of reference for a









