Hyperliquid reached the upper limit of the wedge ┆ HolderStat
$BINANCE:HYPEUSDT is currently trading within a falling wedge after a sharp bullish move. Price is consolidating near key support around 41.2, showing signs of pressure building for a potential breakout. A clean break above the wedge resistance may open the path toward 49.5, aligning with the higher trend channel projection.
Trade active
HYPEUSDT is locked in a falling channel after a strong upside move. The structure hints at bullish continuation if the price breaks and holds above the 43 level. A confirmed breakout could fuel a rally toward 48–50. Watch for a clean breakout candle above the channel to validate the setup.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.