Hyperliquid Price Rebound Fails at Key Resistance Zone
Hyperliquid's (HYPE) price is on the rise after rebounding from the lower boundary of a falling wedge pattern. This technical setup often precedes a bullish reversal when confirmed by a breakout.
The token has regained some momentum, but remains below a key resistance zone near $63 that could determine whether the recovery extends or stalls.
A successful reclaim of this area could open the door for a rally toward $66 and the psychological $70 level.