Hyperliquid: Native asset down 33% from its all-time high. An asset that, by the way, has shown strength and complete decoupling from Bitcoin over the past few months. This might seem outdated, but it was well analyzed. A daily rebound is likely, but it’s still very probable the price will continue falling. On the daily chart, a rebound is due. On the weekly chart, the indicators are terrible—deep in a bearish trend. I believe the potential support level at $40 is conservative for the weekly timeframe. Check my tweet from May, when everyone was euphoric about Hype. https://t.co/KC6KnDsnaM
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