Hyperliquid Gains Momentum as HYPE Tests Major Resistance

Hyperliquid has caught the market's attention with a sharp rebound. After finding support between $50 and $55, the token price climbed steadily to reach the $72 mark. This move puts the asset right back in the spotlight for active traders.

Currently, the token is testing a critical resistance level at $72.18. Breaking through this point is necessary for the coin to confirm a new upward trend. Market participants are watching this boundary closely to see if the recent momentum holds.

If HYPE manages to hold above this resistance, it could clear the path for a run toward its all time high. Traders are monitoring volume and price action to determine if this rally has the strength to continue or if a correction is ahead.