HYPE Price Shows Potential Breakout: Double-Bottom Pattern Emerging?

Hyperliquid (HYPE) token price is currently around $34, with daily trading volume exceeding $480 million. The past 24 hours have seen a notable 9% price increase for HYPE, while the past week has shown a slight dip. Following recent dips below the $30-$33 support zone, HYPE prices bounced back and are now aiming towards resistance around $36. 2 recent lows near this range suggest a potential double-bottom pattern could be forming.