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$104,528.002.61%

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Ethereum (ETH)

$2,478.722.2%

Ethereum price

BNB (BNB)

$644.141.57%

BNB price

Solana (SOL)

$148.512.26%

Solana price

XRP (XRP)

$2.173.23%

XRP price

Shiba Inu (SHIB)

$0.00001253.72%

Shiba Inu price

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Hyperliquid coin forms bullish pennant as momentum builds: is a breakout imminent?

By Aziz Zamani

Jun 7, 2025 at 12:53 AM GMT+5:30

Edited by Jayson Derrick

Markets

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Hyperliquid coin is showing strong signs of bullish continuation after reclaiming key levels. A pennant formation on the daily chart may signal the next leg higher, if volume confirms the breakout.

After a sustained uptrend marked by higher highs and higher lows, Hyperliquid hype-1.08%Hyperliquid has entered a period of consolidation. This pause in momentum is forming a textbook bullish pennant, a pattern often associated with trend continuation. Technical confluence and reclaimed levels now position Hyperliquid for a potential breakout in the sessions ahead.