Hyperliquid has performed exceptionally well in recent times compared to most tokens in the market. Its price increased from $44 to $78, gaining over 50% before meeting stiff selling pressure at its all-time high. For now, the HYPE rally may have slowed down, but the overall trend remains unaltered. Rather than making an effort to make further gains, investors are looking at one price point for clues: $62. If buyers can defend it, another push into price discovery could still be on the table.