HYPE Price Surges to $30.34 After Reclaiming $25 Support Zone

HYPE broke through the VWAP resistance near $25 and moved quickly toward the $30 price level. The coin rose from a low of $12.077 and gained over 151 percent in just over four weeks. Price structure now shows a bullish trend as HYPE trades above key support and rising volume holds. HYPEUSDT has surged by over 7% in the past 24 hours to reach $30.344, signaling a confirmed breakout above resistance. The move follows a powerful rally from April lows near $12.077 and has pushed through major VWAP zones. According to a May 22, 2025 update by Crypto Bully, the break shows strength not seen in earlier supply zones. Source: X The daily chart from BYBIT reveals HYPE flipped the $22.531 level, a key VWAP resistance from earlier this year, into active support. This transition occurred after buyers reclaimed the $25.000 range, further establishing a bullish setup. The asset now trades above both short- and long-term moving averages, with bullish price action supported by increasing volume. Crypto Bully highlighted this move in a detailed post viewed over 4,600 times. The analyst pointed out that although an earlier short from the $22–24 range was placed, the breakout strength defied expectations. With the trend now upward, momentum is shifting as new market participants show interest HYPE Breaks Above VWAP With Strong Volume Response The VWAP bands used in this analysis have acted as key zones for both support and resistance. These standard deviation bands, built around the all-time high VWAP, played a major role in previous price reactions. In the recent breakout, the supply above $24 failed to reject price, suggesting reduced selling pressure. Traders observed a pattern similar to Bitcoin, where accumulation breaks out cleanly once overhead supply weakens. The analyst stated that the ferociousness of the move showed no signs of historical resistance holding price down. As a result, HYPE quickly surpassed the $25 level and continued its ascent above $30. This break is now being studied as a signal of changing market structure. The setup involved a clean flip of the standard deviation band of ATH VWAP. That level had previously capped price advances, but now serves as a foundation for this new upward trend. Key Zones Now Define the Path Ahead HYPE’s rally from the $12.077 base represents a gain of more than 151% in just over one month. This move follows a multi-week consolidation period, during which the price hovered below the long-term VWAP zone. The consolidation ended decisively in early May, leading to the rapid advance seen on the chart. Expectations for a pullback in the $22–24 zone proved incorrect, as the strength of the breakout outpaced prior trading setups. The move was not only technical but also driven by momentum and growing interest from altcoin-focused buyers. According to the chart and commentary, the demand pressure now outweighs any recent supply. Crypto Bully continues to regard HYPE as a favorite coin, citing both structure and performance. The tweet notes that while a previous short play missed, the breakout proved the strength of this bullish setup. Can HYPE now maintain this level above $30 and establish a new base for continued upward expansion?