Hyperlane (HYPER/USDT) is turning heads after a jaw-dropping rally of over 150%, currently trading around $0.56, up 3.84% in the last 24 hours. The price hit an intraday high of $0.63 and dipped to a low of $0.11, showing extreme volatility.
🔥 What’s Fueling the Surge?
Upbit Exchange Listing: A major catalyst behind this explosive move. Listings on top-tier platforms often trigger price spikes due to increased liquidity and exposure.
Technical Breakout: Before the news, HYPER had already broken out of a downtrend, showing strong bullish structure with higher lows forming.
Massive Trading Volume: 24-hour volume has jumped over 1,000%, signaling strong interest and momentum from both retail and institutional traders.
📈 Will the Trend Continue?
The momentum remains strong, backed by increased visibility and high-volume buying. However, sharp pullbacks are likely as short-term traders may take profits. If Bitcoin maintains strength above $112K, it could further support HYPER’s bullish continuation.
Conclusion: Hyper is still hot, but caution is key. While the trend looks promising, be prepared for volatility ahead.