Altcoin Watch: HYPE Breaks All-Time High, LAB Surges 62%, VVV Faces Trend Exhaustion

Market analysts have identified three altcoins worth watching for the first week of June: Hyperliquid (HYPE), LAB, and Venice Token (VVV). These tokens are exhibiting distinct technical setups that may indicate future price movements.

HYPE has broken above its previous all-time high near $59, with a current price of $72.25. This breakout has pushed HYPE into the top 10 by market cap, with a total value of $16.17 billion. The token's daily chart shows higher highs despite contracting volume, suggesting sustained trend strength rather than distribution.

LAB, on the other hand, has rallied 62% in 24 hours, reaching a price of $13.81. This rapid increase has cleared its previous all-time high at $7.51 and pushed LAB into the top 25 by market cap. The token is now approaching its third target at $14.34, with no resistance above.

VVV, however, shows signs of trend exhaustion. Despite reaching a price of $18.20, it has rejected on its push toward $21.55 and produced three consecutive drives into resistance that have resulted in lower RSI peaks. This pattern is indicative of fading buying interest and may lead to a deeper retracement if a confirmed lower high forms.