Hyperlane Price Soars 10% on Upbit Listing, Eyeing $0.25 Next

The HYPER token price experienced a significant surge of 10% on Upbit today following its listing, exceeding the key resistance level of $0.18 and reaching an intraday high of $0.20. Despite retracing to $0.16 at press time, HYPER remains above the previous consolidation range of $0.13-$0.15, indicating a short-term bullish structure. 4-hour chart analysis reveals a clean double-bottom pattern with neckline breakout at $0.16. This momentum is further bolstered by indicators such as the RSI hovering in neutral territory at 55 and MACD line crossing above signal line with an upward histogram signifying early bullish signals. A decisive close above the $0.20 intraday high could open the path toward the next resistance level of $0.25, which marks the April peak before the breakout below $0.20. However, a drop below the crucial support level of $0.13 would invalidate this bullish outlook.