Hyperliquid (HYPE) has extended its powerful August rally, briefly climbing to around $82.50 before settling near $80. The latest surge confirms a breakout above the tokens previous June-July highs of roughly $75-$77, establishing a fresh local peak and strengthening its bullish technical outlook. HYPEs price structure remains notably strong following the breakout. The cryptocurrency is trading well above all major moving averages, with dynamic support currently positioned near $63.21, $61.10 and $58.56. Its longer-term moving average sits even lower at approximately $52.42. This wide gap… Read more
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