Markets· ★★★· bearish·

Hyperliquid (HYPE) falls 3.84% to $77.06, losing the $80 mark

  • HYPE fell 3.84% to $77.06, down 13.93% from its $89.53 high
  • Trading volume at $736 million, 28.6% below the 30-day average
  • RSI at 47.3 and MACD histogram at -1.6 point to weak momentum
  • Key 38.2% Fibonacci support at $74.89, resistance at $79.77
Why it matters: The correction is occurring on low volume, indicating weak supply, but the risk of institutional selling from Coinbase weighs on HYPE.
Source: DiarioBitcoin