HYPE Token Shows Potential 55% Upside Amid Cup-and-Handle Pattern

HYPE is currently forming a cup-and-handle pattern, which could suggest a potential upside of approximately 55% if the token surpasses the $45–$47 resistance zone. According to NS3.AI, the analysis highlights a target range of $71–$72. Additionally, an address believed to be associated with a16z has reportedly accumulated 2.11 million HYPE over the past month.