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Ethereum (ETH)
$2,478.722.2%
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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.