HYPE Token Breaks Above Resistance
HYPE token has broken through the $70-$75 resistance band and is trading in the $80-$85 region. This move comes as whale-sized activity increases across Hyperliquid's spot market, indicating that larger orders are becoming more prominent at elevated prices.
The Spot Average Order Size chart shows significant market participants actively engaging around the breakout, rather than smaller transactions driving the price action. The cooling of volume conditions on the Spot Volume Bubble Map also suggests that trading intensity has moderated while price remains elevated.
Hyperliquid's weekly chart reveals a series of technical thresholds rather than an isolated price spike. HYPE token has maintained its higher-low sequence formed during recovery and has established itself above $75. A successful retest of this level would confirm that buyers have absorbed the supply previously concentrated in this region.
The next advance could target $90, followed by a break through the $90-$95 area that would put the psychological $100 threshold into play. Continued whale-sized activity around higher prices and stable spot prices would strengthen the setup.