Hyperliquid Price Prediction: HYPE Shows Early Bullish Recovery, $51 Target in Sight

• HYPE rebounds from January base as higher lows signal trend reversal potential ahead
• Price approaches $38 resistance while $40–$41 Fibonacci level becomes key test ahead
• Rising open interest and exchange inflows suggest renewed HYPE accumulation trend

Hyperliquid’s native token HYPE has entered a recovery phase after months of weakness, as price action signals a possible bullish trend reversal. The HYPE/USDT pair recently climbed toward the $37–$38 resistance zone following a strong rebound from the $20–$21 bottom. Market activity has also intensified, with rising participation and improving derivatives metrics supporting the upward move. 

Price Structure Shows Early Bullish Recovery

The broader trend suggests that HYPE may have completed a bottom formation earlier this year. Between September and December, the token remained in a clear downtrend. Prices…

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