Hyperliquid HYPE is breaking out! Hyperliquid has officially shifted its short-term trend. After weeks of being suppressed by a descending channel, the price has finally printed a high-volume four-hour close above the $37.40 resistance. • Clearing $37.40 has flipped the previous "ceiling" into a potential "floor." • We are also seeing a surge in buying pressure as traders anticipate the completion of this technical pattern. • Based on the height and structure of the descending channel, the technical target for this move is $42. As long as Hyperliquid holds above the $37.40 breakout zone, the path toward $42 remains the primary thesis. This represents a potential 12% move from the breakout point.(Ali Charts)