HYPE is showing similarities to Solana's 2021 breakout, with a potential 240% rally by July. The native token of Hyperliquid, HYPE, is following a price structure akin to Solana's early 2021 surge. In January 2021, Solana's breakout led to a 300% jump, and now HYPE is displaying a bullish pattern after a 270% rebound from April lows. The Relative Strength Index (RSI) for HYPE indicates strong momentum, similar to Solana's 2021 performance. Analysts suggest that HYPE could target the 1.618 Fibonacci extension level at $51.68 and potentially reach $128, marking a 240% increase from its recent breakout. Traders are drawn to familiar patterns, and recognizing HYPE's resemblance to Solana's trajectory may attract more investors. This article emphasizes the importance of conducting personal research before making any investment decisions. Read more AI-generated news on: https://app.chaingpt.org/news