HYPE has delivered a strong bullish breakoutHYPE / TetherUS PERPETUAL CONTRACTBINANCE:HYPEUSDT.PMike-BTDHYPE has delivered a strong bullish breakout, reclaiming its previous trading range with a significant increase in volume. Price is now testing a major resistance level following an aggressive move higher. The breakout is encouraging, but the sharp expansion leaves room for a potential retest. A rejection here could see price revisit the previous resistance zone, which may now act as support. The Synergy Signal oscillator confirms strong bullish momentum, although elevated readings suggest the move is becoming extended. The bullish scenario favours consolidation above the breakout zone before continuation higher. Losing that support would weaken the structure and increase the probability of a deeper retracement. For now, momentum favours the bulls, but confirmation of acceptance above resistance remains important.