HYPE Price Prediction: 3 Key Signals Suggest Hyperliquid Could Target $77 Next

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• HYPE is testing a key imbalance zone after a major correction from the $75 area.
  
• Rising volume and liquidity clusters suggest traders are watching a potential move toward $77.
  
• Technical indicators remain positive, but resistance confirmation is needed for further gains.

Hyperliquid’s native token, HYPE, is attracting renewed attention from crypto traders as its price action shows signs of a possible bullish continuation. After months of consolidation inside an ascending triangle pattern, the token experienced a strong breakout before entering a correction phase.

Following its Coinbase listing on February 5, HYPE built a technical structure that eventually pushed prices higher. The token broke above its pattern resistance on May 20, climbing rapidly toward the $75 region before pulling back. The recent decline has brought HYPE back into a critical area where buyers are watching for signs of another upward move.

HYPE price structure points toward $77 resistance

The latest correction followed a liquidity sweep near the $75 resistance level, creating a market imbalance between $57 and $63. This zone has become an important area for traders because it may determine whether the current bullish trend remains intact.

At the time of analysis, HYPE was testing this imbalance zone while attempting to regain momentum. A successful recovery from this area could open the door toward the next major resistance target around $77.

The $77 level has gained attention because it represents a key liquidity area where significant trading activity could occur. If buyers continue to step in, the price may move toward this region as the market seeks to capture available liquidity.

Rising trading activity supports bullish outlook

Market data shows that Hyperliquid’s trading volume has increased sharply in recent sessions. The rise in activity suggests traders are positioning for a potential move higher, with many participants looking to benefit from another test of resistance levels.

Liquidation heatmap data also highlights a large concentration of liquidity near $77, estimated at around $10 million. Such liquidity zones often influence price movements because markets frequently move toward areas where large positions are concentrated.

However, while these signals support a bullish scenario, traders remain aware that resistance levels can trigger renewed selling pressure if momentum weakens.

Technical indicators favor possible continuation

HYPE’s technical indicators currently present a positive setup. The token is trading above key exponential moving averages, which often indicates stronger short-term momentum.

The stochastic RSI has also recovered from oversold conditions, suggesting that buying pressure may be returning after the recent pullback. This recovery strengthens the argument that the $57–$63 imbalance zone could act as a turning point.

Still, the market remains dependent on whether buyers can maintain control and push HYPE beyond the $77 resistance area.

Also Read: Hyperliquid Hits New High: 3 Signals Point to More HYPE Gains Ahead

Hyperliquid’s HYPE token is approaching a critical stage after its recent correction. Growing trading volume, supportive technical indicators, and concentrated liquidity around $77 are keeping traders focused on a possible continuation of the bullish trend.

While the setup remains promising, confirmation above key resistance will likely determine whether HYPE can extend its rally or face another period of consolidation.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.