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HYPE, LAB Surge Past Records as VVV Shows Bearish Divergence

HYPE, LAB Surge Past Records as VVV Shows Bearish Divergence

Hyperliquid (HYPE) broke past $59 to trade at $72.25 Monday, lifting its market cap to $16.17 billion and securing a top 10 crypto ranking. LAB surged 62.4% in 24 hours to $13.81 with a $5.57 billion market cap, now sitting in the top 25. Venice Token (VVV) held at $18.20 with an $858 million cap while technical indicators turned negative.

HYPE's Breakout Momentum

HYPE retested $59 as support on May 28 before climbing steadily. The token hit its first Fibonacci target at $69.96 over the weekend. Now it eyes the next level at $83.38. Its RSI sits at 77 without bearish divergence. Traders watch for a daily close below $59, which would kill the current rally. That level matters more than any headline.

LAB's Overbought Climb

LAB pushed through its previous high of $7.51 without looking back. The 62.4% jump in one day put it at $13.81 with momentum toward the $14.34 Fibonacci target. Its RSI spiked to 90, clearly overbought territory. If it fails at $14.34, expect a hard fall back to $7.51 support. That level held through all earlier volatility.

VVV's Warning Signals

VVV shows three straight bearish RSI divergences at the $21.55 resistance wall. Volume is shrinking even as price prints higher highs. Technical analysis points to fading buying interest. The token stays at $18.20 but faces potential slide to $10. That zone aligns with the 0.618 retracement of May's rally.

Traders focus on HYPE holding above $59 for the $83.38 run and VVV testing the $10 support level this week. LAB's next move hinges entirely on breaking $14.34 before Wednesday.