Hyperliquid’s HYPE token rose above the $90 resistance area and traded near $91.68, extending an uptrend that began after an August low near $52. Crypto analyst CryptoGuru12 identified a long setup between $91.50 and $93.40, with targets at $95.50, $98.00 and $100.50. The setup is invalidated below $88.50, while $93.39 marks the breakout zone buyers are watching. HYPE’s 20-day EMA stood at $83.20, its 76-day EMA at $76.41 and its 14-day RSI at 65.09. Hyperliquid also purchased and burned 26,310 HYPE tokens worth about $2.42 million, lifting cumulative burns to 48.76 million tokens, or 4.88% of maximum supply. Separately, NEAR Protocol launched confidential perpetual futures through Hyperliquid, offering more than 50 contracts with leverage of up to 40x. Trades execute on Hyperliquid, while NEAR Intents manages funding and makes wallet-level funding routes harder to track; positions are not anonymous and market-level data remains visible. The product builds on NEAR’s broader rise from roughly $2.20 to $4.20 over seven days, with total value locked near $187 million, 52,391 active addresses and about $84.19 million in daily decentralized-exchange volume.