Hyperliquid (HYPE) Price Prediction: Symmetrical Triangle Breakout Puts $77 Target Back in Focus

The breakout comes after several sessions of price compression, with HYPE continuing to trade within a broader technical structure that favors buyers despite recent consolidation. Although short-term indicators remain mixed, the token is holding above key support levels, while longer-term trend signals suggest the broader uptrend remains intact. Traders are now watching whether the Hyperliquid price can maintain its position above the breakout zone and build enough momentum to challenge overhead resistance. 

On the 30-minute chart, HYPE/USDT has confirmed a breakout above the descending trendline of a symmetrical triangle, signaling a potential shift in short-term market structure.

The token recently traded around 71.25 USDT, holding above the former triangle resistance that has now turned into support. In technical analysis, maintaining price above a breakout level often strengthens the validity of the pattern, especially if the market successfully retests the breakout area before continuing higher.

HYPEUSDT has broken above a symmetrical triangle on the 30-minute chart, signaling a potential bullish shift in short-term momentum. Source: crypto_vulture_signals on TradingView

The immediate support zone lies between 67.00 and 68.00 USDT, which corresponds to the breakout region. Below that, 62.00 USDT represents the next important support level.

On the upside, traders are watching 72.00 USDT as the first resistance. A sustained move above that level could open the door toward the chart’s measured target near 76.99 USDT, representing an upside move of roughly 8% to 9% from the breakout area.

However, technical analysts also note that a drop back below 67.00 USDT and a return inside the triangle would weaken the bullish setup and invalidate the breakout pattern.

Although Hyperliquid has cooled following its recent rally, the broader technical picture remains constructive.

TradingView’s technical summary currently shows a Neutral rating on lower timeframes, with both oscillators and moving averages displaying neutral readings. However, longer-term data continues to paint a more optimistic picture. TradingView’s broader outlook still reflects a Buy signal on the one-month timeframe and a Strong Buy bias over the one-week horizon, suggesting the primary trend remains positive despite short-term consolidation.

Hyperliquid (HYPE) price chart. Source: Brave New Coin

Momentum indicators also remain relatively healthy. The 14-period Relative Strength Index (RSI) is holding in the 55-60 range, indicating neutral-to-bullish momentum without entering overbought territory above 70. This leaves room for additional upside if buying pressure increases.

Meanwhile, the MACD continues to stabilize following the recent pullback, while other oscillators, including the Stochastic RSI, are beginning to recover from previously oversold conditions. Although an earlier RSI bearish divergence signaled slowing momentum, there is currently no strong indication that the medium-term uptrend has reversed.

Moving averages remain one of the strongest supporting factors for Hyperliquid price prediction.

Price continues to trade above the rising 50-day EMA, which has acted as dynamic support throughout the recent correction. The 100-day and 200-day moving averages also continue to slope higher, reinforcing the broader bullish market structure that has developed over recent months.

Technical analysts generally interpret this alignment as confirmation that the recent decline represents a consolidation phase rather than the start of a larger trend reversal.

An additional bullish factor is the successful breakout above the previous weekly resistance at 45.77 USDT, a level that has now become major long-term support.

Hyperliquid remains one of the strongest-performing digital assets in 2026, gaining more than 150% over the past six months and approximately 170% year-to-date despite the recent pullback from its record high near 76-77 USDT.

HYPE continues to maintain a bullish market structure, with key support at $58.56 and a breakout above $67.81 needed to confirm the next leg higher. Source: DukesMarketAnalysis on TradingView

For the bullish scenario to remain intact, traders are closely watching several important technical levels.

Immediate resistance sits between 70 and 72 USDT, followed by the previous all-time high around 76-77 USDT. A decisive breakout above those levels, supported by stronger trading volume, could reinforce the broader uptrend.

On the downside, the first major support remains at 58.56 USDT, where the recent swing low aligns with the rising 50-day EMA. A sustained move below that level would be the first meaningful indication that the current medium-term trend is beginning to weaken, while stronger structural support remains in the 50-55 USDT region.

For now, HYPE continues to trade within a constructive technical framework. As long as the token holds above its key support zones and maintains the recent breakout structure, market participants will be watching whether bullish momentum can extend toward the 77 USDT region in the sessions ahead.