Hyperliquid (HYPE) continues to show stronger market structure compared to many altcoins, but its latest attempt to push toward the $50 level has clearly weakened. After recovering sharply from its early 2025 lows, HYPE managed to reclaim key moving averages and briefly convinced traders that another explosive rally was forming. However, recent price action suggests that bullish momentum is fading and a breakout above $50 may not happen anytime soon. The main reason behind the failed rally is resistance exhaustion. HYPE surged aggressively from the mid-$20 range to the low-$40s within a short… Read more
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