Altcoins HYPE, TON, SHIB, PI at critical junctures with HYPE surging 8% to $37.93, TON gaining 3.5% to $2.93, SHIB up 6% to $0.00001175, PI climbing 6% to $0.5377

Several altcoins are currently at critical junctures, with Hyperliquid (HYPE), Toncoin (TON), Shiba Inu (SHIB), and Pi Network (PI) all facing significant technical levels that could determine their near-term trajectories. These tokens have shown varying degrees of bullish momentum, but each is now at a pivotal point that could lead to either a breakout or a breakdown.

Hyperliquid (HYPE) has seen a notable surge, with its price climbing nearly 8% to $37.93 in the past 24 hours. This upward movement has been accompanied by a significant increase in volume, indicating strong buying interest. HYPE's price behavior suggests a solid uptrend, characterized by consistent higher highs and higher lows. The token recently broke through a consolidation phase between $36.00 and $37.00, testing the $38.00 resistance level. A clean break above this threshold could propel HYPE into uncharted territory, potentially reaching new highs. However, if the price pulls back, the $36.00 support level must hold to maintain the bullish momentum. Investors appear confident about HYPE's long-term prospects, as evidenced by its fully diluted valuation of nearly $38 billion.

Toncoin (TON) has also shown signs of strength, posting a modest gain of 3.5% and hovering near the intraday high of $2.93. This level has become a key short-term resistance, with support levels at $2.85 and $2.70 providing a foundation for further upward movement. However, the lack of a significant surge in trading volume suggests cautious optimism among traders. If TON can break above the $2.93 resistance, it may target the psychological $3.00 mark. The token's price action near this level will be crucial in determining its next move.

Shiba Inu (SHIB) is riding a strong wave of momentum, gaining over 6% and maintaining higher lows. The price is approaching its resistance at $0.00001175, and a breakout here could ignite another rally, potentially pushing SHIB toward $0.00001200. Despite a slight drop in volume, the price trend remains bullish, supported by a rising market cap. SHIB's steady climb indicates that investors are optimistic about its potential for further gains.

Pi Network (PI) has quietly built a steady uptrend, climbing nearly 6% to $0.5377. The token rebounded from below $0.50 and is now testing the resistance level at $0.545. If PI breaks above this threshold, $0.550 becomes the next likely target. Significantly, volume has increased along with price, supporting the bullish setup. However, if the rally fades, the $0.520 support level must hold to maintain momentum. PI's steady climb suggests that investors are confident in its long-term prospects.

In summary, HYPE, TON, SHIB, and PI are all at critical technical levels that could determine their near-term trajectories. HYPE's breakout above $38.00 could push it toward new highs, while TON's ability to break above $2.93 will be crucial in determining its next move. SHIB's strong momentum and rising market cap suggest potential for further gains, and PI's steady climb indicates investor confidence in its long-term prospects. Each of these tokens faces distinct challenges, but their current price actions suggest growing bullish sentiment among investors.