Markets· ★★· bearish·

HYPE Falls 3.86% to $77.60, Tests SMA-90 Support at $76.17

  • —HYPE fell 3.86% to $77.60, 20.76% below its $97.93 all-time high
  • —Daily volume of $866.37 million is 6.50% above the 30-day average
  • —RSI at 37.7 and a bearish MACD keep technical pressure intact
  • —The SMA-90 at $76.17 is the nearest support level
Why it matters: A break below $76.17 opens the door to the $64.54 SMA-200, while holding it could set up a rebound after the selloff.
Source: DiarioBitcoin