HYPE Price: Analyst Predicts Breakout as Inverse Head & Shoulders Forms

Hyperliquid (HYPE) price is showing a potentially bullish pattern on the daily chart, hinting at a possible move higher. After a dip, the market seems to have found its footing and may be gearing up for another surge. Crypto analyst Batman highlighted this on X, observing an inverse head & shoulders pattern forming in HYPE. This classic reversal formation often emerges after downtrends. With the right shoulder now completed, buyers might be gaining momentum, according to Batman’s analysis.