Markets· ★★· bearish·

HYPE drops 2.4% to $83.03, tests key support at $80.08

  • —Price at $83.03: down 2.40% daily and 11.05% weekly
  • —Trades below SMA-7 at $87.50 but above SMA-200 at $62.38
  • —Volume of $739.58M is 18.01% below the 30-day average
  • —Sits 15.22% below its Sept. 23 all-time high of $97.93
Why it matters: Holding $80.08 will determine whether the pullback stays within the broader uptrend or turns into a reversal.
Source: DiarioBitcoin