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 top 3 altcoins range from a confirmed breakout to a vertical short-term rally and an early sign of trend exhaustion.

HYPE trades at $72.25 after clearing its previous all-time high, while LAB has rallied 62% in 24 hours. VVV holds near $18.20 below resistance at $21.55.

Hyperliquid (HYPE) Targets $83 After Breaking Above Previous ATH

Hyperliquid (HYPE) trades at $72.25 with a 5.25% gain over the past 24 hours. The breakout has pushed Hyperliquid into the top 10 by market cap, at $16.17 billion.

The price broke above its previous all-time high near $59 in late May. HYPE then retested that level as support on May 28 and has trended higher since.

The first measured target at $69.96 was tagged this weekend, coinciding with the 1.272 Fibonacci extension. The next reference sits at $83.38 (1.618 extension), with $98.20 marking the 2.0 extension.

Daily volume has contracted while price prints higher highs, a profile often seen during sustained trend strength rather than distribution. RSI prints near 77 in bullish territory and shows no bearish divergence yet.

A daily close back below $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 near $13.81 after a 62.4% jump in 24 hours. The token now carries a market cap of $5.57 billion and ranks inside the top 25 by capitalization.

The BNB Chain token has cleared its previous all-time high at $7.51 with no resistance above. The first Fibonacci target at $9.37 (1.272 extension) printed yesterday.

The second target at $11.73 (1.618 extension) was tagged today. Price is now closing in on the third target at $14.34, which sits at the 2.0 extension.

Daily RSI has reached 90 and remains deep in overbought territory. No bearish divergence has formed on the chart yet, which leaves room for the rally to extend.

A failure at $14.34 would put the breakout zone near $7.51 back in focus as the first meaningful support shelf. Traders following recent Binance Alpha listings have tracked LAB closely.

VVV Flashes Three Bearish Divergences Below $21.55 Resistance

Venice Token (VVV) trades at $18.20 with a 0.84% gain over 24 hours. Market capitalization sits close to $858 million.

The chart is the weakest of the top 3 tokens after an extended rally in May. VVV reached the first target at $17.30, which marks the 1.272 Fibonacci extension.

The altcoin then rejected on its push toward $21.55, the 1.618 extension. Three consecutive drives into resistance have produced lower RSI peaks.

That pattern is a textbook three-drives bearish divergence. Daily volume has contracted in step with price, which strengthens the read that buying interest is fading.

A confirmed lower high below $21.55 would shift the structure toward a deeper retracement. The previous all-time high near $10 lines up with the 0.618 retracement of the May leg.

That zone should act as a high-conviction support area if a correction unfolds. It would offer a more favorable entry for traders aligning with the broader altcoin uptrend.