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Humanity Protocol surges 80% to new high amid rising volume and short squeeze potential

Market News
01 Jun 2026
AMBCrypto
View Source
Bullish
pluang ai news

Humanity Protocol [H] surged 80% in 24 hours to a new all-time high of $0.67, supported by a 77.82% increase in trading volume to over $313 million. The rally was backed by strong market participation and a 51.56% rise in Open Interest, indicating growing trader conviction and fresh leveraged positions. Despite the price surge, bearish sentiment remains dominant with 65.36% of traders short, raising the risk of a short squeeze that could further propel prices. The token's technical structure is bullish following a double-bottom breakout, suggesting potential for continued upside if buyers maintain control.

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