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. HYPE daily chart / Source: Tradingview 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. LAB daily chart / Source: Tradingview 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. VVV daily chart / Source: Tradingview 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.