In Brief Hyperliquid (HYPE) drops 9% despite the launch of HyperEVM, signaling weak momentum and growing bearish pressure. HYPE’s ADX falls to 10.6, indicating a lack of strong trend direction, while RSI drops sharply, nearing oversold territory. If selling pressure persists, HYPE may test $22.5 support, but a breakout above $27.4 could push it past…
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