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Hyperliquid's HYPE token nears 35% breakout with $95 target amid July 6 token unlock.

Technical Signals
06 Jul 2026
FXEmpire
View Source
Bullish
pluang ai news

Hyperliquid's native token HYPE is approaching a bullish breakout with a potential 35% price increase to around $95, based on a symmetrical triangle pattern. This technical setup suggests a continuation of the current upward trend, though a rejection could push prices down to key support levels near $66.45 and $61.90. The July 6 token unlock, releasing nearly 10 million HYPE tokens, introduces short-term supply risk but historically has led to mixed price reactions, with an average 4.17% gain after previous unlocks in 2026. Investors should watch the breakout closely as the token navigates this critical resistance and supply event.

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