HYPE Price Drops 7% Amid $2.2M Shift and 10M Token Unlocks
The post HYPE Price Drops 7% Amid $2.2M Shift and 10M Token Unlocks appeared on BitcoinEthereumNews.com.
The HYPE price trades lower after a sharp 7% drop that pressured short-term sentiment. Traders have now learned to examine every movement since the swings in the recent past have generated more uncertainty in direction. Price action is close to sensitive zones and this placement enhances the impact of each reaction. The Hyperliquid price also reflects weakness, and this alignment adds more caution to the broader outlook. Thus, the market dwells on major levels as both parties seek a more definite indicator. HYPE Price Faces Clear Breakdown Risk A full-fledged head-and-shoulders pattern is shown on the chart, and the neckline break indicates solid directional intent. Price rejected the neckline with force, and the HYPE market valuation now trades near $28.81, very close to the 0.618 Fibonacci region around $29.03. Earlier price action formed a strong support block near $33.72, and that same area now works as a firm resistance zone because sellers defend it aggressively. The Hyperliquid price shows the same pressure, which strengthens the technical bias around these zones. Price objectives are well established. The second significant level is at $24.34, which coincides with an earlier demand area. A deeper extension points toward $16.75, guided by the 1.618 Fibonacci projection. Both zones have a high technical significance as each of them influenced previous responses. The wider arrangement is still tilted downwards since the purchasers do not demonstrate great power around the neckline. HYPE/USDT 1-Day Chart (Source: TradingView) The DMI shows -D widening above +D, and the spread confirms stronger seller control. The ADX is at 24, and this value indicates the increasing trend strength without acceleration. The indicator aids the bigger framework since selling pressure becomes consistent throughout every push. Buyers are still reluctant around the neckline and sellers are in the real control as price trades below the…
Filed under: News - @ December 10, 2025 12:27 am