#HYPER *HYPE Jumps 5.95% to $46.79 as Volume Hits $50.5M on Hyperliquid*
HYPE/USDC is making a sharp move higher, trading at $46.79 on Hyperliquid after gaining 5.95% in the latest daily candle. The token hit a high of $47.00 and posted $50.515M in 24-hour volume, marking one of its strongest sessions in recent weeks.
The 1D chart shows HYPE rebounding hard from a dip to $38.16 earlier in the day. Buyers stepped in aggressively and pushed price back above $44 and then $46, breaking above the recent consolidation range between $40 and $44 that had held since early May.
*Key Session Details*
- *Price*: $46.7890, up 2.6280 (+5.95%) on the day
- *Range*: $44.1560 low to $47.0000 high
- *Volume*: $50.515M, significantly above recent daily averages
- *Structure*: Price broke out of a multi-week sideways range near $44
*Whatโs Next*
The breakout puts $47.00 in focus as the immediate resistance level. A daily close above that could open the path toward the $50 psychological level. On the downside, $44.16 now acts as support, with $40 as the next major level if the move fails.
With volume spiking alongside the price jump, momentum is clearly back with buyers. Traders are watching whether HYPE can hold above $46 and turn the breakout into a sustained rally.