Hyperliquid (HYPE) Price Rebounds From Support, But Can Bulls Reclaim $70?

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A silver Hyperliquid token positioned near a green breakout chart line.

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Hyperliquid (HYPE) price is trading around $59 after rebounding from the lower boundary of a falling wedge, with buyers attempting to regain control following a prolonged correction. The token is approaching a crucial resistance zone near $63, where a confirmed breakout could signal the start of a broader recovery. Besides, the technicals and derivatives also …

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