HYPE drops 1.8% to $81.06, trades below key moving averages
- —Price at $81.06, down 1.80% on the day, intraday low $80.96
- —Volume of $692.62 million is 24.41% below the 30-day average
- —RSI at 40.7 and bearish MACD; stochastic at 6.6% hints at a bounce
- —Nearest support is the 38.2% Fibonacci retracement at $80.08
Why it matters: Trading below all short- and medium-term averages signals further downside risk, but the depressed stochastic keeps a technical rebound possible.
Source: DiarioBitcoin