Hyperlane (HYPER) is seeing notable activity in trading, even as its price stays mostly steady. In the last 24 hours, price movements were limited, but the token showed strong weekly performance, rising by a solid 11.98%.
At present, HYPER trades at $0.1517, backed by a 24-hour trading volume of $34.05 million, a sharp 42.4% jump in activity. Its market capitalization sits at $31.28 million, highlighting increased trader engagement despite the price holding steady.
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The chart shows a clear bullish compression structure with higher lows and descending resistance forming a converging triangle. Price has broken above the upper trendline, signaling expansion after accumulation. Volume and structure suggest buyers are gaining control, supporting a valid breakout rather than a fake move.
Key support lies at 0.150–0.153, a former range high and high-volume area. Holding above this zone favors continuation toward 0.165, then 0.180–0.200 as measured targets. A drop below 0.145 would invalidate the bullish structure and suggest range continuation.
As suggested by another crypto analyst, HYPER is actually consolidating in a classic falling wedge pattern, which is one of the indicators of a reversal pattern that is actually positive. When this pattern occurred in the previous cycle, it caused a +500% blowout. All of these factors indicate that history could repeat itself before the relief that actually happened in a confirmed breakout.
Following a confirmed daily breakout above $0.16-$0.17, the projected targets are $0.22, $0.30, $0.45, and $0.55. These targets are pegged to the measured move levels, areas of previous resistance, as well as previous impulse highs. This is between a 230% to a 300% increase over the current levels for the total projected movement.
An important level for support is $0.12-$0.14, which is the area that buyers have repeatedly defended. Breaking below $0.12 would make the pattern of the wedge unreliable and delay a continuation of the positive trend. A good re-test of the breakout area is crucial for a positive volume expansion.
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