HYPE Spotlight 🔥
Hyperliquid (HYPE) is trading near $72.23, down ~3.3% in 24h and ~15.6% over the past week as the broader market stays risk-off.
📊 Levels to watch:
• Support: $70.35 (24h low)
• Resistance: $74.60 (24h high)
📰 What's moving it:
• Upbit & Bithumb listed HYPE on Nov 10 — new spot access in South Korea
• Elysium, the first Hyperliquid L2, went live Nov 9 — 102k active addresses in its first 24h
• Hyperliquid burned $2.08M of HYPE in 24h via buybacks, even as whales took ~$5M in profits
Takeaway: Listings + L2 growth vs. heavy selling — holding $70 is the key test for a bounce.
#HYPE
Hyperliquid (HYPE) is trading near $72.23, down ~3.3% in 24h and ~15.6% over the past week as the broader market stays risk-off.
📊 Levels to watch:
• Support: $70.35 (24h low)
• Resistance: $74.60 (24h high)
📰 What's moving it:
• Upbit & Bithumb listed HYPE on Nov 10 — new spot access in South Korea
• Elysium, the first Hyperliquid L2, went live Nov 9 — 102k active addresses in its first 24h
• Hyperliquid burned $2.08M of HYPE in 24h via buybacks, even as whales took ~$5M in profits
Takeaway: Listings + L2 growth vs. heavy selling — holding $70 is the key test for a bounce.
#HYPE