3 Altcoins to Watch For the 1st Week of June
Hyperliquid (HYPE), LAB, and Venice Token (VVV) enter the first week of June 2026 with three distinct technical setups. These high 3 altcoins vary from a confirmed breakout to a vertical short-term rally and an early signal of development exhaustion.
HYPE trades at $72.25 after clearing its earlier all-time high, whereas LAB has rallied 62% in 24 hours. VVV holds close to $18.20 under resistance at $21.55.
Hyperliquid (HYPE) Targets $83 After Breaking Above Previous ATH
Hyperliquid (HYPE) trades at $72.25 with a 5.25% acquire over the previous 24 hours. The breakout has pushed Hyperliquid into the high 10 by market cap, at $16.17 billion.
The value broke above its earlier all-time high close to $59 in late May. HYPE then retested that stage as help on May 28 and has trended larger since.
The first measured goal at $69.96 was tagged this weekend, coinciding with the 1.272 Fibonacci extension. The subsequent reference sits at $83.38 (1.618 extension), with $98.20 marking the 2.0 extension.
Daily quantity has contracted whereas value prints larger highs, a profile usually seen throughout sustained development energy moderately than distribution. RSI prints close to 77 in bullish territory and reveals no bearish divergence but.
A each day shut again under $59 would invalidate the breakout and shift focus to the 0.786 retracement at $51.
LAB Approaches Third Target at $14.34 After 62% Daily Rally
LAB trades close to $13.81 after a 62.4% bounce in 24 hours. The token now carries a market cap of $5.57 billion and ranks inside the high 25 by capitalization.
The BNB Chain token has cleared its earlier all-time high at $7.51 with no resistance above. The first Fibonacci goal at $9.37 (1.272 extension) printed yesterday.
The second goal at $11.73 (1.618 extension) was tagged at the moment. Price is now closing in on the third goal at $14.34, which sits at the 2.0 extension.
Daily RSI has reached 90 and stays deep in overbought territory. No bearish divergence has shaped on the chart but, which leaves room for the rally to lengthen.
A failure at $14.34 would put the breakout zone close to $7.51 again in focus as the first significant help shelf. Traders following current Binance Alpha listings have tracked LAB intently.
VVV Flashes Three Bearish Divergences Below $21.55 Resistance
Venice Token (VVV) trades at $18.20 with a 0.84% acquire over 24 hours. Market capitalization sits shut to $858 million.
The chart is the weakest of the high 3 tokens after an prolonged rally in May. VVV reached the first goal at $17.30, which marks the 1.272 Fibonacci extension.
The altcoin then rejected on its push towards $21.55, the 1.618 extension. Three consecutive drives into resistance have produced decrease RSI peaks.
That sample is a textbook three-drives bearish divergence. Daily quantity has contracted consistent with value, which strengthens the learn that purchasing curiosity is fading.
A confirmed decrease high under $21.55 would shift the construction towards a deeper retracement. The earlier all-time high close to $10 strains up with the 0.618 retracement of the May leg.
That zone ought to act as a high-conviction help space if a correction unfolds. It would provide a extra favorable entry for merchants aligning with the broader altcoin uptrend.
The publish 3 Altcoins to Watch For the 1st Week of June appeared first on BeInCrypto.
