Hyperliquid (HYPE) Structural Breakout: Target $60+ HYPE just broke out from a major downtrend on the weekly chart and it’s looking strong.
I’m targeting $60 as a realistic level this year, and there’s a good chance HYPE makes it into the T op 10 crypto market cap if this momentum holds.
Here’s why I’m bullish:
Price broke out of the falling channel and closed above $25 weekly resistance.
Strong buying volume shows big players are stepping in, especially after that accumulation zone between $9 and $18.
Based on Fib extension, $60 lines up perfectly as the next major target and a psychological resistance level.
The Hyperliquid narrative is strong. Positioned as a real on-chain CEX alternative with solid user growth and rising TVL.
My trade setup:
Entry around $20 to $26.
First target at $37.5, final target at $60.
Stop loss if price closes below $18 weekly (that would kill the bullish case for me).
This isn’t financial advice , just sharing how I’m seeing the market.
Always manage your risk and don’t FOMO in at the top.
