🚨 HYPE TESTS $66.70 SUPPORT — SELLING EXHAUSTION OR ANOTHER LEG DOWN?

Hyperliquid ( $HYPE) is trading around $67.58, down approximately 6.47%. After falling from the $75.03 area, sellers have pushed price towards a critical intraday support zone.

But the latest charts show an interesting development.

📊 15-MINUTE CHART
• RSI: 39.24
• MACD histogram: 0.00
• MA(7): $67.27
• MA(30): $68.44
• MA(200): $71.19

📊 1-HOUR CHART
• RSI: 33.64
• MACD histogram: -0.22
• MA(7): $68.28
• MA(30): $70.88
• MA(200): $74.08

🔍 WHAT STANDS OUT?

Both timeframes maintain bearish moving-average alignment. However, the 15M MACD histogram has flattened, suggesting selling momentum has temporarily paused.

The hourly MACD remains negative, and RSI at 33.64 confirms continued weakness.

📍 LEVELS THAT MATTER
🔴 $66.70–$66.75: Critical support.
🟡 $68.28–$68.45: First recovery resistance.
🟠 $70.88–$71.20: Trend repair zone.
🔵 $74.08: 1H MA(200).

CASHCALLING™ BIAS: BEARISH.

A sustained hold above $66.70 could encourage a relief bounce. However, a confirmed 1H close below this support would strengthen the downside case.

💬 THE BIG QUESTION:

Will buyers defend $66.70, or is HYPE preparing for another downward move?

🟢 Support holds and recovery begins.

🔴 Support breaks and sellers regain momentum.

Share your reasoning. Let's discuss the levels, not just the candles.

CashCalling™ | Levels, not slogans.