Hyperliquid (HYPE) experienced a sharp increase in trading activity, with volumes rising more than 680% across major exchanges. Its price gained 15.22% over 24 hours to approximately $91.41 after recovering from a low near $75. Futures trading volume reached $13.47 billion, including $3.89 billion on Binance and $3.06 billion on Hyperliquid’s native exchange. Technical indicators show bullish momentum, with the RSI approaching 65, although futures outflows and liquidations create reversal risks. The $94–$98 resistance zone will be crucial for extending the rally toward $100, while a pullback could send the token toward $85 and then $80.
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