Bulls in a Bitcoin Shop: HYPE’s $50 Breakout or Just a Wild Goose Chase? 🐔💰

Hyperliquid continues to display strong momentum, confirming a clean breakout from its previous descending wedge. The price has reclaimed the $46 to $47 region and is now pressing against the 0.618 Fibonacci confluence near $50.7, which aligns with horizontal resistance. The MACD indicator has flipped bullish, showing expanding momentum and rising histogram bars, a sign of renewed buying pressure. 📈💥



