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A Close Under Support Would Open a 13% Drop Toward HYPE's Next Floor

Crypto Daily·November 2, 2026·1 min read
A Close Under Support Would Open a 13% Drop Toward HYPE's Next Floor

Hyperliquid's HYPE holds above its 50-day average after ICE unveiled U.S. perps plans. A close below $84.64 could open a slide toward the late-October low, potentially a 13% drop. Traders monitor support levels as the token faces pressure from market conditions and regulatory news.

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