Hyperliquid (HYPE) remains one of the strongest-performing cryptocurrencies on the market, but the latest price action suggests the asset may be entering overheated territory after its explosive breakout above $60. While bullish momentum still dominates the trend, the rapid vertical surge has increased the likelihood of a sharp short-term correction. Over the past several trading sessions, HYPE climbed aggressively from the mid-$40 range to fresh all-time highs, breaking through key resistance levels with minimal consolidation. The token continues trading far above its major moving averages,… Read more
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