Hyperliquid's HYPE breakout puts $100 price target in play

HYPE has entered the breakout stage of its prevailing bull pennant setup with an upside target near $105, with strong fundamentals backing the bullish case.

Hyperliquid’s native token, HYPE, has rallied more than 30% in five days to a record high near $74, with a bullish chart breakout now pointing to a potential move above $100.

HYPE/USD daily chart. Source: TradingView

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