The HYPE price now draws attention after a sharp recovery from recent lows. Market sentiment shifts as Sonnet’s merger approval increases interest across the ecosystem. The asset also has a clean recovery on the lower side of its larger channel which further enhances buying strength.
Meanwhile, traders assess short-term structure as the Hyperliquid price forms tighter intraday ranges near a key inflection area. Conditions now precondition a closer analysis of the chart and the impact on the treasury.
HYPE Price Chart Signals Breakout Energy From Double Bottom
An established double-bottom pattern developed around the $30 demand block and generated good upward rotation. Customers were demanding more and regained the inner channel space.
The HYPE price now moves toward the mid-line while maintaining firm higher lows across recent sessions. Swings have been confined in the falling channel but each time it approached the bottom side, it immediately fell with a sudden upward movement. The trend enhances the current recovery process.
At the time of analysis, the HYPE value trades at $33.8 and approaches the $36.25 barrier. An upside push beyond that level would open up the way towards the 42.96. The estimated sequence will then be focused on the resistance level of 50 in case buyers maintain pressure with the upper channel zone. Short-term pattern is sustaining since compression subsides and range quality enhances.
Meanwhile, strength around the rebound area creates a solid technical floor. Therefore, the HYPE price gains a clearer route for continuation. The broader future Hyperliquid price outlook improves while the asset holds above the recovery origin.
HYPE/USD 4-Hour Chart (Source: TradingView)Sonnet’s $1B Treasury Plan Drives Strong Demand Expectations
Sonnet’s $1B digital asset treasury initiative creates a major shift in projected demand for HYPE. The merger was passed by shareholders, and it cleared the way to organized purchases which can be up to 2.6 million HYPE.
The strategy will also have an initial allocation of at least $265 million that will be a binding demand anchor to the asset. This scale of capital deployment makes the ecosystem more conviction based and ensures the expectations in the near future are more robust.
In particular, the systematic buy plan can compensate the new 314 million unlock. OAK Research reported that HYPE is already supported by the fact that the number of buybacks a day now reaches up to $2.5 million. Further capital multiplies, which affect and constrain supply stress in short windows. Players in the market are now planning to be involved more as the treasury schedule goes by.
Meanwhile, the merger removes earlier uncertainty and introduces clearer commitments backed by sizable resources. Therefore, the HYPE price reacts with stronger direction and firmer confidence. The route now sustains further strength with liquidity pressure moving to the upwards direction.
Summary
HYPE is constructing a better structure following the two-tail reaction at $30. The treasury plan of Sonnet implies the potential of heavy demand and constriction of the near-term market image.
Further clearance of the $36.25 level confirms the route upward to $42.96 and eventually the $50 target. The installation would now be biased towards further development as long as HYPE keeps control of its upward base.
Source: https://coingape.com/markets/will-hype-price-reach-50-after-sonnet-finalizes-its-1b-digital-asset-merger/
