Hyperliquid price outlook: Bulls need volume to break $40 ceiling

Hyperliquid faces repeated rejection at the $40 resistance zone. Despite its bullish structure, the lack of breakout volume suggests consolidation will persist until a decisive move confirms a new trend.

Hyperliquid (HYPE) has exhibited strong bullish momentum in recent weeks, but current price action signals exhaustion as the token struggles to break through the $40 psychological resistance. This level has been tested multiple times without an impulsive breakout, suggesting that sellers remain firmly in control of this zone.

While the broader trend remains intact, the recent lack of breakout volume and the inability to surpass this resistance increase the likelihood of continued range-bound price action in the near term.

Key technical points

• $40 Resistance Zone: Strong psychological and structural resistance tapped multiple times without confirmation.
• $30 Swing Low Support: Liquidity zone that remains untested and could attract price for a sweep.
• $26 Key Level: Deeper support zone with potential for reversal if tapped on volume spike.

HYPEUSDT (1D) Chart, Source: TradingViewHyperliquid’s ongoing struggle at the $40 mark reveals underlying weakness in momentum. This resistance level has now served as a ceiling for several weeks, with each test resulting in either weak rejection candles or failed follow-through. In the absence of an impulsive breakout and volume confirmation, it is unlikely that bulls will regain short-term control.

Technically, this heightens the probability of rejection and a return to lower support zones. The $30 swing low stands out as a key liquidity level that has yet to be tapped during recent rotations. A sweep of this level could act as a liquidity grab, a common occurrence before a reversal higher. If selling pressure persists, the $26 level comes into focus as a major structural support zone where a high-probability bounce setup could form.

Although Hyperliquid has sustained an overall bullish trend, its inability to clear the $40 mark is currently capping further upside. Until a breakout occurs with strong volume, the token is likely to continue oscillating within the broader $26–$40 range. Volume remains the missing catalyst, and any legitimate breakout or breakdown will require a noticeable increase in either buying or selling pressure.

What to expect in the coming price action

Hyperliquid is likely to remain range-bound between $26 and $40 until volume validates a breakout. A sweep of the $30 level could prompt a short-term bounce, but genuine bullish continuation hinges on a convincing move above $40.