HYPE Price Slips Below $80 – Support Near $74.5 Now in Focus

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Key Takeaways

• HYPE trades near $78.2, about 20% below its September peak near $98.
• Resistance stacks near $86-$87, where the 50-day SMA meets the 0.236 Fib.
• Support stacks near $74.5, where the 100-day SMA meets the 0.5 Fib.

Sellers defend the $80 line

HYPE nearly doubled between late July and late September, running from around $51 to $98. The pullback since then has dragged it back between two key Fibonacci levels from that rally: the 0.382 near $80 and the 0.5 near $74.5.

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