$HYPE USDT Market Alert: A Dramatic -3.76% Plunge! 📉
The charts for HYPEUSDT are flashing red as the price takes a sharp dive to 23.922, wiping out previous gains and hitting a 24-hour low of 23.823. This bearish slide comes amid significant 24-hour trading volume of $211.97M in USDT, reflecting intense selling pressure that has pushed the token well below its daily high of 25.216. While the broader Hyperliquid ecosystem has shown resilience with massive monthly derivatives volume, the immediate price action is struggling under the weight of recent "insider selling" FUD and a broader market cool-down. Traders are now hyper-focused on the 23.80 support level to see if bulls can stage a comeback or if a deeper correction toward the $22 range is imminent.
Would you like me to set up a price alert for HYPE at a specific support level, or should we look at the long-term price predictions for 2026?
