Hyperliquid (HYPE) Crashes Below $40—Will $32 Support Hold?
Hyperliquid (HYPE) just got liquidated—literally. The token nosedived past the $40 mark, and now traders are sweating over whether $32 will act as a lifeline or just another pit stop on the way down.
Blood in the water? The charts don’t lie. After a brutal sell-off, HYPE’s clinging to hope at $32—a level that’s either a bargain bin or a bull trap waiting to spring. Either way, leverage longs just got a reality check.
Here’s the kicker: If $32 folds, the next stop might be ‘where’s my capital?’ territory. And let’s be real—after the last 24 hours, even the ‘HODL’ crowd is side-eyeing their portfolios. Classic crypto: one day you’re chasing ATHs, the next you’re explaining to your cat why ramen’s back on the menu.