🚀 $HYPER /USDT Just Went Parabolic!
📈 Price Action:
What a surge! $HYPER shot up from the $0.11 range to highs near $0.67 before pulling back to around $0.48—a stunning ∼324% boost in 24 hours .
🔥 Catalysts Behind the Move:
Major Upbit KRW listing: HYPER/KRW launched July 10 with anti-swing measures—no aggressive buyout orders for the first 5 minutes, and only limit orders allowed initially. That triggered a ~150% rally in the first day .
Liquidity & volume explosion: Trading volume spiked 1,000% to ~$192M per CoinMarketCap, fueling the spike .
🧩 Technical Outlook:
Traders spotted a classic falling‑wedge breakout on the 4‑hour chart, backed by strong volume—signs of a possible sustained upswing after consolidation .
🌐 What’s Next?
Watch for stability above key support around $0.47–$0.50.
If volume holds, target zones may extend to $0.60+ on bullish momentum.
A healthy pullback or sideways channel could offer better entry.
🔎 Final Take:
$HYPER ’s explosive move reflects both fundamental and technical strength—Asia-access from Upbit plus on-chain hype. But with such a sharp spike comes the risk of a cooldown. Be ready for volatility!
