Hyperliquid (HYPE) has successfully broken out of an ascending triangle pattern, surpassing the $25.66 resistance level on the 4-hour chart. The cryptocurrency's price reached $26.43, marking a significant upward movement. Analysts are monitoring for a potential retest of the $25.48–$25.66 resistance zone. A sustained move above this critical level could propel HYPE towards a target of $29.10. However, if the price fails to maintain its gains, it may face increased selling pressure, potentially impacting its upward trajectory.