Markets· ★★· bearish·

HYPE falls 1.62% to $76.53, tests $74.57 support

  • —HYPE is 21.85% below its all-time high of $97.93 set on September 23
  • —RSI at 35.8 and a bearish MACD point to weak momentum
  • —Daily volume is 7.26% below its 30-day average
  • —Price remains above the 200-day SMA at $64.95
Why it matters: A break of $74.57 support would worsen risk-reward for buyers, while holding above the 200-day SMA keeps the long-term trend intact.
Source: DiarioBitcoin