Hyperliquid (HYPE) Price Drops 16% as Sellers Take Control

Hyperliquid (HYPE) price has dropped nearly 16% in the last 24 hours, bringing its market cap down to $7.4 billion. Technical indicators suggest that sellers are gaining control, with Directional Movement Index (DMI) and BBTrend both weakening. The EMA lines are also showing signs of a potential death cross, which could accelerate losses if key support at $21.1 fails. However, if buyers step... source: https://beincrypto.com/hype-price-drops-sellers-take-control/