The coins that were holding up yesterday have all broken down today—HYPE fell below $70, ASTER broke below its previous low, and BNB hit another new low.
BNB is currently around $622.82 (Binance spot, Nov. 14, 03:26 UTC), down 2.45% over 24 hours. It opened at $638.43, reached an intraday high of $649.80, and fell to a low of $618.02. That low undercut yesterday’s $622.41 low. The $650 and $640 levels have both been lost. BNB is down 6.48% over five trading days, 12.29% over one month, and 25.87% year to date. The 200-day moving average at $658.81 remains overhead, with the price about 5.4% below it. First support is today’s low of $618.02, followed by $613.27 and $591.68. For a rebound to be in play, price first needs to reclaim today’s open at $638.43, then $649.80 and $658.81.
Hyperliquid (HYPE) is currently around $69.97 (Binance spot, Nov. 14, 03:26 UTC), down 2.15% over 24 hours. It opened at $71.51, reached an intraday high of $75.35, and fell to a low of $69.52. The key $70 level is gone, and even yesterday’s $69.53 low—which had held up—has been pierced. Yesterday, HYPE was one of the few coins in the entire market to close in the green; today, it has turned red. First support is today’s low of $69.52, with the $69 level next if that breaks. For momentum to turn positive, price first needs to reclaim today’s open at $71.51, followed by $74.48 and $75.35.
Aster (ASTER) has fallen the hardest of the three. It is currently around $0.6263 (Binance spot, Nov. 14, 03:26 UTC), down 4.77% over 24 hours. It opened at $0.6577, reached an intraday high of $0.6695, and fell to a low of $0.6176. The Nov. 10 low of $0.6232 has been breached, the key $0.65 level failed to hold, and the 30-day moving average at $0.691 is overhead. First support is today’s low of $0.6176, with the $0.60 level next if that breaks. For the decline to stabilize, price first needs to reclaim $0.6494 and today’s open at $0.6577, then $0.6695 and $0.7151—the latter level has turned back five rebound attempts.
Here’s the view, plainly: there’s no safe haven in a falling market. The coins that held up yesterday were simply next in line to fall. HYPE closed higher yesterday but dropped below $70 today; ASTER was down just 2.8% over seven days but broke below its previous low today; and yesterday’s Binance compensation news failed to support BNB, which hit another new low today. Relative strength isn’t a bottom—it’s a queue for the next leg down. Of the three, HYPE’s $69.52 and ASTER’s $0.6176 are fresh lows set today. If they fail to hold, the next stops are the round-number levels.
Key levels to remember: BNB support at $618.02 and $613.27, resistance at $638.43 and $658.81; HYPE support at $69.52 and $69, resistance at $71.51 and $74.48; ASTER support at $0.6176 and $0.60, resistance at $0.6577 and $0.7151.
Tap $BNB $HYPE $ASTER to view the charts. The three coins that were holding up yesterday have all broken down today—do you think this is the final leg of catch-up declines, or will even the relatively strong coins in this market face another round of selling?
BNB is currently around $622.82 (Binance spot, Nov. 14, 03:26 UTC), down 2.45% over 24 hours. It opened at $638.43, reached an intraday high of $649.80, and fell to a low of $618.02. That low undercut yesterday’s $622.41 low. The $650 and $640 levels have both been lost. BNB is down 6.48% over five trading days, 12.29% over one month, and 25.87% year to date. The 200-day moving average at $658.81 remains overhead, with the price about 5.4% below it. First support is today’s low of $618.02, followed by $613.27 and $591.68. For a rebound to be in play, price first needs to reclaim today’s open at $638.43, then $649.80 and $658.81.
Hyperliquid (HYPE) is currently around $69.97 (Binance spot, Nov. 14, 03:26 UTC), down 2.15% over 24 hours. It opened at $71.51, reached an intraday high of $75.35, and fell to a low of $69.52. The key $70 level is gone, and even yesterday’s $69.53 low—which had held up—has been pierced. Yesterday, HYPE was one of the few coins in the entire market to close in the green; today, it has turned red. First support is today’s low of $69.52, with the $69 level next if that breaks. For momentum to turn positive, price first needs to reclaim today’s open at $71.51, followed by $74.48 and $75.35.
Aster (ASTER) has fallen the hardest of the three. It is currently around $0.6263 (Binance spot, Nov. 14, 03:26 UTC), down 4.77% over 24 hours. It opened at $0.6577, reached an intraday high of $0.6695, and fell to a low of $0.6176. The Nov. 10 low of $0.6232 has been breached, the key $0.65 level failed to hold, and the 30-day moving average at $0.691 is overhead. First support is today’s low of $0.6176, with the $0.60 level next if that breaks. For the decline to stabilize, price first needs to reclaim $0.6494 and today’s open at $0.6577, then $0.6695 and $0.7151—the latter level has turned back five rebound attempts.
Here’s the view, plainly: there’s no safe haven in a falling market. The coins that held up yesterday were simply next in line to fall. HYPE closed higher yesterday but dropped below $70 today; ASTER was down just 2.8% over seven days but broke below its previous low today; and yesterday’s Binance compensation news failed to support BNB, which hit another new low today. Relative strength isn’t a bottom—it’s a queue for the next leg down. Of the three, HYPE’s $69.52 and ASTER’s $0.6176 are fresh lows set today. If they fail to hold, the next stops are the round-number levels.
Key levels to remember: BNB support at $618.02 and $613.27, resistance at $638.43 and $658.81; HYPE support at $69.52 and $69, resistance at $71.51 and $74.48; ASTER support at $0.6176 and $0.60, resistance at $0.6577 and $0.7151.
Tap $BNB $HYPE $ASTER to view the charts. The three coins that were holding up yesterday have all broken down today—do you think this is the final leg of catch-up declines, or will even the relatively strong coins in this market face another round of selling?