According to KookCapitalLLC on Twitter, HYPE token is approaching a critical $40 resistance level, which could signal a potential breakout for traders if surpassed. Recent trading volume and upward momentum suggest increased market interest in HYPE, making it a focal point for short-term trading strategies. Crypto traders are advised to monitor the $40 level for confirmation of a breakout, as price action above this threshold may trigger further bullish sentiment and attract additional liquidity. This development aligns with broader trends in altcoin volatility and could impact related crypto pairs if HYPE sustains momentum (Source: KookCapitalLLC on Twitter, June 10, 2025).