HYPE Price Slips Below $80 – Support Near $74.5 Now in Focus
Photo: Coindoo
Key Takeaways HYPE trades near $78.2, about 20% below its September peak near $98. Resistance stacks near $86-$87, where the 50-day SMA meets the 0.236 Fib. Support stacks near $74.5, where the 100-day SMA meets the 0.5 Fib. Sellers defend the $80 line HYPE nearly doubled between late July and late September, running from around $51 to $98. The pullback since then has dragged it back between two key Fibonacci levels from that rally: the 0.382 near $80 and the 0.5 near $74.5. Each bounce along the way has topped out lower than the last, carving out a falling channel.
Source: Coindoo
