- Hyperlane surges 190% on bullish breakout from 11-week consolidation.
- Sustained trading above key SMAs and bullish MACD signals fuel optimism among HYPER bulls.
- Overbought RSI signals $0.3666 record high as major upside barrier for HYPER.
- HYPER/USDT holds firm above $0.2050, with bears sidelined unless $0.1250 breaks.
Hyperlane (HYPER/USDT) shocked the crypto market on Thursday, soaring 195% to $0.3480 and holding a strong 180% intraday gain near $0.3340 ahead of the U.S. session.
Hyperlane surges 190% on breakout, holding key support with bullish momentum intact despite short-term RSI caution.The explosive rally followed a decisive breakout above the $0.1250 resistance zone—now acting as support—alongside bullish momentum from the Moving Average Convergence Divergence (MACD) indicator.
However, with the 14-day Relative Strength Index (RSI) in overbought territory, short-term profit-taking may cool the rally a bit.
HYPER/USDT: Daily chart hints at bullish consolidation
Source: TradingView
With RSI in overbought territory after a sharp rally, HYPER/USDT may pause or consolidate just below its all-time high of $0.3666 from April.
Immediate support lies near the $0.3000 breakout target from the 11-week triangle, followed by the April 27 swing high at $0.2400. A break below that exposes May’s high at $0.2048, and if sellers gain more ground, a drop toward $0.1250 — a key support formed by the 50-day Simple Moving Average (SMA) and a descending trendline — could be on the cards.
Alternatively, resistance levels to watch include the recent peak at $0.3480, the record high near $0.3670, and then psychological targets at $0.4000 and $0.5000, which may attract fresh bullish momentum.
HYPER/USDT: Four-Hour chart offers more trading filters
Source: Tradingview
On the four-hour chart, HYPER/USDT faces the same upside targets as the daily setup: the recent peak at $0.3480, record high at $0.3666, followed by psychological levels at $0.4000 and $0.5000.
However, on the downside, May’s high of $0.2048 offers initial support, ahead of a descending trendline from April 27 near $0.1650. A break below this level would expose $0.1250, then the 100- and 200-bar SMAs near $0.1130–$0.1100, which act as key last supports for the bulls.
Bottom line: Hyperlane’s rally looks far from over—despite RSI suggesting near-term consolidation, the broader trend remains bullish.
