🚀 Hyperliquid's HYPE Experiences Price Decline Amid Bearish Market Structure
#Hyperliquid #HYPEtoken #PriceDecline #BearishMarket #DoubleTopPattern #LongLiquidation #Leverage #CriticalLevel
Hyperliquid's HYPE token saw a decrease in value, trading at $38.27, marking a 2.31% drop for the day. According to NS3.AI, the token has completed a double top pattern and faces a liquidation cluster at $35.03. The cumulative long liquidation leverage at this level amounts to $27.36 million. The article identifies $42.67 as the critical level that would invalidate the current bearish structure.#Hyperliquid #HYPEtoken #PriceDecline #BearishMarket #DoubleTopPattern #LongLiquidation #Leverage #CriticalLevel