$HYPER Hyperliquid’s supplied setup remains constructive inside an ascending parallel channel. The catalyst is centered on decentralized derivative volumes reaching historic parity with leading centralized competitors. Funding remains healthily negative to flat, according to the supplied data, creating conditions where persistent short positioning could contribute to squeeze dynamics. The primary technical focus is the $5.10–$5.50 resistance area, with a successful expansion potentially opening the path toward the supplied $6.00 and $6.75 objectives.
📈 Bias: Bullish Momentum | 🎯 Entry: ~$4.85 | 🛡 Support: $4.50 | $4.25 | 🚧 Resistance: $5.10 | $5.50 | 🎯 Targets: $6.00 | $6.75 | ❌ Invalidation: Below $3.95
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