Token

bullish

Major

Resistance

<ul>
 <li>Ali Charts identifies a $59 target as HYPE maintains a strong bullish market structure.</li>
 <li>HYPE rebounds from $20 lows while reclaiming multiple critical resistance levels.</li>
 <li>Traders monitor the $45 support zone as momentum strengthens toward projected breakout.</li>
</ul>
Crypto analyst Ali Charts has projected a possible breakout move for Hyperliquid’s native token HYPE as bullish momentum continued strengthening across the broader market structure, with the analyst identifying the $59 region as the next major target during the asset’s ongoing upward trend. <a href="https://x.com/alicharts/status/2057113616734896371" rel="noopener noreferrer nofollow">According to Ali Charts</a>, HYPE maintained a strong technical structure throughout recent trading sessions as buyers continued defending important support regions while steadily pushing the token closer toward the upper boundary of the visible trading channel shown on the daily chart. 
At the time of the analysis,<a href="https://36crypto.com/hyperliquid-sees-111-futures-surge-as-price-tests-crucial-support-zone/" rel="noopener noreferrer nofollow"> HYPE</a> traded around $51.41, reflecting continued strength after the token recovered significantly from the weakness recorded between late 2025 and early 2026, when prices briefly declined toward the $20 range before buyers gradually regained market control. Moreover, the chart showed that bullish momentum accelerated considerably after HYPE reclaimed the $35 level, which had previously acted as a difficult resistance zone for several months before buyers finally managed to secure a decisive breakout above the region. 
Also Read: <a href="https://36crypto.com/shibarium-transactions-explode-44-while-shib-stays-frozen-below-rally-signals/" rel="noopener noreferrer nofollow">Shibarium Transactions Explode 44% While SHIB Stays Frozen Below Rally Signals</a> 
<h2 id="traders-watch-whether-hype-can-sustain-momentum-toward-59">Traders Watch Whether HYPE Can Sustain Momentum Toward $59</h2>
The chart shared by Ali Charts highlighted several important technical levels that traders continue monitoring closely as HYPE attempts to maintain its latest rally while approaching a critical resistance region near previous highs. According to the analysis, the $20.97 level continues functioning as the major long-term support area, while the $27.16 region served as an important recovery pivot during the earlier rebound phase that helped stabilize the token’s broader structure. 
<div class="embed-twitter">
 <blockquote class="twitter-tweet">
 Hyperliquid <a href="https://twitter.com/search?q=%24HYPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$HYPE</a> continues trending higher. 
 I’m watching the top of the channel near $59 as the next key target. <a href="https://t.co/LuabqwRZmF" rel="noopener noreferrer nofollow">pic.twitter.com/LuabqwRZmF</a> 
 — Ali Charts (@alicharts) <a href="https://twitter.com/alicharts/status/2057113616734896371?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 20, 2026</a> 
 </blockquote>
</div>
Additionally, the $35.01 zone now appears to function as a <a href="https://36crypto.com/hype-nears-record-high-after-hyperliquid-unveils-massive-spacex-exposure/" rel="noopener noreferrer nofollow">confirmed support</a> area following the recent breakout, while HYPE also maintained stability above the $45.37 level, reinforcing bullish sentiment surrounding the token’s current market direction. Ali Charts identified the $58.61 to $59 region as the next major resistance target because the zone aligns closely with previous highs and the upper boundary of the visible trading structure displayed on the chart. 
Consequently, traders may treat the region as an important test for the ongoing rally because a successful breakout above $59 could strengthen bullish momentum further while potentially pushing HYPE into a new price discovery phase. 
Also Read: <a href="https://36crypto.com/ripple-rlusd-hits-1-65b-milestone-as-stablecoin-rivals-feel-heat-across-market/" rel="noopener noreferrer nofollow">Ripple RLUSD Hits $1.65B Milestone as Stablecoin Rivals Feel Heat Across Market</a> 
The post <a href="https://36crypto.com/analyst-predicts-major-hype-move-as-token-charges-toward-59-resistance/" rel="noopener noreferrer nofollow">Analyst Predicts Major HYPE Move as Token Charges Toward $59 Resistance</a> appeared first on <a href="https://36crypto.com" rel="noopener noreferrer nofollow">36Crypto</a>.

Analyst Predicts Major HYPE Move as Token Charges Toward $59 Resistance

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