HYPE Price Upside May Struggle Despite $2.8 Million Short Squeeze Ahead

Hyperliquid (HYPE) has faced significant price stagnation recently, with its value hovering around $30. The formation of a symmetrical triangle pattern suggests that HYPE could move in either direction. However, the current market sentiment points toward a bearish outlook, leaving many investors uncertain about the token’s short-term future. Short HYPE Traders Have a Lot To Lose HYPE is potentially facing a short squeeze, which could act as a catalyst for the price to rise source: https://beincrypto.com/hype-price-upside-may-struggle/