🚀 $HYPER se skyrockets: why could it keep rising?
The Hyperlane token (HYPER) has just recorded an increase of +378% after its listing on Upbit, marking a trend reversal after months of decline.
Additionally, it had already risen almost 7× from its previous levels, and its market capitalization now exceeds $6M, with good liquidity (~$339k) and active volume
📈 Reasons for the rally:
🔗 Listing on Upbit: the largest exchange in South Korea triggered a rally that broke a descending resistance.
📊 Solid technical support: it formed higher lows before the pump and is correcting near the Fibonacci retracement of 0.5 (~$0.195), suggesting high accumulated interest.
🎯 Potential for continuation: technical analysis indicates that it could aim for a next target near $0.432 if it holds the support.
🧠 Strategy to capitalize on this momentum:
🔍 If you take exposure now, consider using a stop-loss near the support ($0.195–$0.20) to manage risk.
🎯 For swing trading, you could target $0.27 first, and then look at $0.43–$0.45 if the momentum continues.
📌 If you are looking more long-term (bullish), keep an eye on upcoming listings, partnerships, and volume; this can provide continuity signals.
Are you thinking about taking a position in HYPER or do you prefer to see how this rally evolves? Comment below 👇
