Hyperliquid Price Drops Below $26 as Oversold Indicators Fail to Halt Bearish Trend
Price Breakdown: Hyperliquid's price has fallen below the critical $26 support level, confirming a bearish continuation and increasing the risk of a deeper correction toward the $19 support zone.
Technical Indicators: The Relative Strength Index (RSI) has entered oversold territory, but there are no structural reversal signals, indicating that sellers remain in control and the bearish trend is likely to persist.
Market Dynamics: The breakdown below $26 has removed the last significant support, raising the likelihood of accelerated downward movement, especially if selling pressure intensifies.
Future Expectations: As long as Hyperliquid remains below $26, bearish continuation is expected, with a potential move toward the $19 support unless there is a substantial reclaim of lost structure.
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